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Biotech / Medical : GZMO

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To: Mike McFarland who wrote (275)8/24/2000 10:39:47 AM
From: Spekulatius  Read Replies (2) of 438
 
I did buy my initial position in GZMO at a bit more than 11$ and then added at about 8$. When it spiked up to 15$+, i flipped the shares in my IRA but bought them back when it was below 12$. Since its a microcap, I would never establish a huge position (as you did)and I also like to take trading profits but I like to hold a reasonable position.
The angiogenesis news has made GZMO more valuable, IMHO and should have raised some eyebrows in the industry. I am hoping for a real big deal with a pharma or even better with a genomics company (Millenium, Incyte).
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