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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (544)5/7/2004 10:55:40 PM
From: Mike McFarlandRead Replies (1) of 1336
 
Flotsam and jetsam off $3k, so that, in just one
week, more than erases my profit from the month
before. However, I do feel better about the rate
I am getting from ten year treasuries in my
retirement account, that more than pays for my
biotech transgressions, heheh.

CASH.X 1 0 33,000 0 - 0 0 33,000 33,000 0 0.0% News Chart Discussion
LYNX 3.14 -0.02 3,000 3.30 - 3.08 66 10,530 9,420 -1,110 -10.5% News Chart Discussion
SQNM 1.68 -0.15 5,500 1.92 - 1.68 212 10,615 9,240 -1,375 -13.0% News Chart Discussion
TGEN 1.61 -0.01 6,000 1.67 - 1.54 201 10,080 9,660 -420 -4.2% News Chart Discussion
Totals: Microbiotech--Flotsam and jetsam 64,225 61,320 -2,905 -4.5%

The $64K question--am I going to find a ten bagger
amongst the microbiotechs in the next year? I have
room for three more stocks--and I'd like to think
for every two stinkers, I'll at least find one
three-bagger. Breaking even would be just fine--but
being all in cash was boring me to tears.

Of course GSK is going to buy Sequenom, Amgen will
take out Tgen, and Lynx is going to become a private
company again, run by Craig Venter. Chuckle, I crack
myself up. This is why I hide here on my own thread,
I can ridicule myself in peace.
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