Biotech position trades--well I'm at my wits end with that Axys, it barks like a dog and yet when I went back and read the latest quarterly report and the fancy annual they sent me, I cant find any good reason to trade out of it, even if it turned out to be a suck daytrade.
fwiw there has been good volume on my other larger positions too--and ARIA has even been trending up nicely. GZMO has been doing okay for me, but the volume isn't spectaular. On my gene therapy list ONXX and TGEN are doing well, I own the latter and wish I still owned some of the former. I actually, gasp, gave up the rest of my Valentis, VLTS, for the time being. I don't know what happened to being a good investor and keeping the half that was "paid for".
Guess I temporarily came down with the trading bug, it stopped going up, what can I say?
I know there are gobs of non-biotech daytrades out there, but fun to post I guess. Contemplating giving up that AXPH--if anybody reads these biotech posts of mine, I'd appreciate any thoughts on what the increased volume in that one means--bullish for high volume but steady price? I hope so. |