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Biotech / Medical : GENSET - GENXY

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To: Michael P. Michaud who wrote (186)11/4/2001 11:48:50 AM
From: Mike McFarland  Read Replies (1) of 200
 
<tax loss strategy>

Either hold your moon shot or dump that dog.
Fine tuning, and potentially screwing up in
additional ways is what fund managers do to
keep busy.

I'd hate to be out of the stock the day they
put together a snazzy press release.

That said, trading stocks is precisely fine tuning
and I do that, so I guess I am full of it.
However...I don't trade stocks in a taxable account,
so that is nice.

Actually, I got rid of half my shares on that spike
up a few weeks ago--I'd gobbled up a bunch of shares
as the price collapsed down through a buck, so I could
not resist taking those off the table. I'm not real
optimistic that my $12 shares are going to pay off any
time soon...and I have huge losses in Genset still.
I feel your pain too.

How was that for a wishy washy answer!
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