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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: keokalani'nui who wrote (196)6/28/2001 1:22:09 PM
From: tuck   of 1005
 
Some T/A color to Wilder's fundamental analysis of SGEN (BTW, nice thumbnail sketch there, Wilder):

siliconinvestor.com

Looks to me like it's basing, waiting for a trigger to go fill that little gap in the middle 8s. Resistance just above that. Let's suppose the summer rally is setting up and it goes there. Ought to be downhill the rest of the way, again pending a check of possible news flow & its tone.
If SGEN runs to high 8s, we're short, oh . . . 1000 shares @ $8.75. Anybody else have a take & or suggestion for entry target/position size?

Cheers, Tuck
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