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Biotech / Medical : Biotech Lock Up Expiration Hell Portfolio: Wave II
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To: sjemmeri who wrote (59)9/2/2004 4:00:13 PM
From: tuck  Read Replies (1) of 107
 
In the belief that the current rally in a couple of issues is based more on market rally than fundamentals changing, and seeing no near term drivers in either, BLUE HP II refers to the BLUE HP playbook: "best to swing trade these puppies."

Accordingly, BLUE HP II sells CYTK for $10.65, and IDIX for $13. This presresents profits of 20% in six weeks and 27% in four weeks, respectively. Makes up for the EYET short ith plenty to spare.

Cheers, Tuck
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