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Biotech / Medical : Biotech for less than a buck.
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To: RWReeves who wrote (562)6/8/2000 12:22:00 PM
From: RWReeves  Read Replies (3) of 743
 
LSCP popped this morning on news of the BPH trials. Sold off on the pop (simple survival reflex nowadays). Will buy back in if/when it closes the gap up.

Started a new position in AQLA today.

Message 13850363

AQLA looks pretty unloved at the moment, but fundamentals look pretty darn good. Why the piddly market cap of 28 mill?
Maybe they should look into bovine genomics.

VVUS is making...umm...it's way back with a target of 10-12 just a double all I am looking for in this from the sub-5 bargain basement level. See I can be good. I didn't say anything naughty.

Back in AICX. Eyeballing GNLB for re-entry point, I'm looking for high 3's low 4's if the market wobbles again.

Biomedtech: SNRS reaching my target of 12 , I'm not greedy, it may go higher but 100% is all I ask. Besides, at this level our beloved shorts usually pile in and it becomes a zoo. Well OK maybe I am greedy but lets say risk reward curve becomes less attractive. Sounds better.

Did raise my cash position a lot in the last few days. Money burning a hole in my portfolio is always bad. I'd better spend it. Just kidding, Mr. Greenspan! My consumer confidence is at an all time low. Really. I'm not even buying food anymore. Just small cap biotechs on margin.

Heh Heh

RWR
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