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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (471)5/30/2003 11:59:35 AM
From: Mike McFarlandRead Replies (2) of 1336
 
Reached $183k today in the contest today--remember
I sold off about 100k of biotechs in the real world
when I was "only" up 50% in the contest. Geeze, and
I thought a 50% gain was a good marker to get out,
well, worked out better than possibly selling at
the bottom months ago. Can't complain as they say.

Very hard to watch Rigel runup more than 40% since
I sold it (at just under a buck). Really now, 64 cents?
The way it is going it does not seem likely.
So all I can guess is somehow the deal wont go down
and a better offer will emerge. Hey, maybe they knew
that they could not get the votes and were accumulating
all along--after all, it stayed right around a buck and
never dipped down toward $0.64.
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