SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Trickle Portfolio
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nigel bates who wrote (1406)4/3/2003 4:51:15 PM
From: tuck  Read Replies (1) of 1784
 
Thanks; I see that AFFX is trading in the low $23s after hours. The Short Portfolio started it this very afternoon; even better timing for better entry. And thanks to Ralf for ensuring I did not dither about this.

For now, I rescind my notion of reloading in the low $20s. I fear AFFX was priced for perfection, and could fall well into the teens for failing to deliver to this degree.

This may also have bad implications for the trickle sector in general. I note Rick lightened a bit on NBSC today. There may be some rebound as the NIH funds become available a quarter or two down the road, but I'd say the spring rally is over in these parts. Trickle is not likely to go shopping until the summer doldrums, unless an irresistable opportunity comes up.

Cheers, Tuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News