Not sure how to handle this portfolio in terms of reporting profits taken. Create a profits field and put 'em in there, I guess. Suggestions? Almost shorted DNDN when it popped over $6 for no apparent reason; wish I had. Another shoulda, coulda, woulda: Miljenko's call on CVTX ~$55. He targeted the $30s, and it's there. Nice going, Miljenko, got any more?
And good timing yourself, Wilder, on GNTA. That would have been a good short term trade. Wish you had convinced me somehow.
This seems to be an environment where hesitating and doing DD causes one to miss opportunities. Over on the BVF thread, there has been talk of certain funds in trouble liquidating, and other funds shorting in front of them. Maybe that's why Patrick Adams, a fund manager, was recently quoted as saying there was more money to be made shorting biotechs than going long.
Anyhow, with the above in mind, I'm going to try that concept into the mid month. On the theory that there may be liquidations going on for folks that need to pay their taxes, on top of other unfriendly dynamics. Even if I lose some on this, DIO seems to have assured my record for a while. More than I can say for my long portfolios.
Thoughts? Candidates?
Cheers, Tuck |
