Hello there, SI biothreads seem quiet tonight.
hadn't noticed MAGN, that is nice to see, although
I don't own an awful lot (no extra shares for trading).
Talent? I think mostly in right place at right time,
but it is very nice of you to say. Sometimes the extra
DD doesn't even pay off, well not short term, I hear
you on that--I buy GLIA, right away down ten percent.
Don't understand why Genset did an about face, I
guess the main runup was coattails, but I'm going
to hang in there, probably--H&Q I think was today
or tommorrow on that one, so strength in the weeks
ahead would be a good sign--probably a good alternative
to Celera and the likes I should think.
To be honest about one thing--I had actually sold
my shares of TGEN, just kept the wife's. Well with
that cash laying around, I bought back 2500
shares today for a buck above where I sold them.
I hate doing that, but I think it might be the
right choice. biowa for one was impressed with H&Q
and I think it is fair to say that a little premium
for management is okay to pay for TGEN. Of course
any sucess with CF could garner a headline for that
one, if CF trials don't work out I think I still
would hold for everything else.
Also, not that it means anything, I once said on
the Yahoo Ariad thread that I'd never go below
10k shares, well I'm down to just 2000. But there
is something so distasteful about the spamming and
the hype over there that made me do it...fwiw, it
just smells like the stock is going to take some
hits and back off a bit. I know there
are all sorts of good cliches about how it is okay
to take profits, but I feel like a real bastard for
selling so much of that on this run up. ARGENT is
still the most dazzling thing I have ever seen in
biotech...but I will do my best not to have sellars
remorse. Would probably be good to sit on the cash
and watch for some local company anyway--am I really
going to fly back east for annual meetings?--Not likely,
but I'll be there with bells on at tgen's meeting. |
