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Biotech / Medical : Biotech Valuation
CRSP 55.06-2.9%Dec 26 3:59 PM EST

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To: Biomaven who started this subject2/26/2004 7:48:58 AM
From: bio_kruncher  Read Replies (1) of 52153
 
Sold my SEPR
Since we had our predictions here I thought I would disclose that I sold my SEPR position yesterday at $29.50.
My reasons were
- predictions showing approvable mostly already priced in.
- it was in an IRA so no TAX implications
- I had a bit too much in this one stock.
- I think there will be a chance to buy back at a good price with downside removed. That is while the price may rise with favorable outcome I think it may slowly drop as launch costs will be high and sales will take time to ramp.

- I had a bad dream last week about the outcome.<g>
bk
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