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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (557)1/16/2002 1:14:54 PM
From: tuck  Read Replies (1) of 1005
 
>>I suspect this run for INGN will run out of steam after this PR blitz. Best to swing trade these puppies. BLUE HP sells out: 1000 shares at $6.07, the bid as I type.<<

Well, I got this one right, anyhow. It got bid up on progress, but at the end of the day, the market still loves to hate gene therapy and vaccine companies. Despite the added "value," INGN has given back most of its gains. BLUE HP still has hope for the gene therapy companies, and so begins nibbling on INGN again because it seems to be presenting an attractive entry point. 500 shares @ current ask of $4.85.

Cheers, Tuck
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