Trickle thinks the hype about BDAL's recent DoD success is priced in, short term. That this sucker will sell off on earnings. Accordingly, Trickle bails on BDAL again at $20. Pullbacks to middle teens will be bought, pending fundamental changes. What a trader that's been for Trickle.
Trickle buys 300 TWTI for $6.55. Will add if it revisits the $5 range.
Suggestions for use of the cash? I'm very tempted by AFFX. One poster has worried about AFFX warning, but wouldn't it have done so by now? Another has suggested ILMN might be competitive, and I know of others, but AFFX has significant first mover advantage. Speaking of moving, now that I'm more or less settled in, I need to start digging on this stuff, unless someone qualified is kind enough to supply me with the answers before the week ends.
Thinking I'll sit on the cash till next week, and see how this Florida anthrax business develops. It seems like a field test by our enemy.
Cheers, Tuck |
