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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (9410)11/6/2002 6:31:13 PM
From: scott_jiminez  Read Replies (1) of 9719
 
<<Cyto, buy 1000 shares of MLNM at the open.>>

Vector: what is your SPECIFIC strategy for selling this new acquisition? Do you have a target price for selling? Will you sell if MLNM falls 10% from your purchase price? 20%?

In short, have you (i.e. we) learned anything from the fiasco in the BT space over the past 2+ years so you (we) apply a DISCIPLINED approached to investing, forever more. MLNM may have the best pipeline since Hugh Hefner but if the 'global' outlook towards the sector remains skittish - or if it tanks again - 95% of the stocks will do the lemming-thing, guaranteed.

Stop-loss limits...or bust.
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