Buying RYJUX again at the close today--
owned it last spring for awhile and, if
I remember correctly, made a little money.
This fund shorts treasuries and is a
bet that rates will rise.
My 64k portfolio, which is made up of
tgen, sqnm, and lynx has melted down
to about 52k over the past six months.
I reduced my positions in those three
microcap biotechs to buy Juno.
After the recent recovery in Lynx, due to the
merger news with Solexa, I am not actually
taking a loss in the Lynx shares, so that
is nice. I did take a minor loss in the
shares of tgen I sold, and a significant
loss in the sqnm--although I did not sell
many shares there, I think Sequenom is cheap.
Tgen is not cheap, Lynx is more confusing--
but it is still my largest position of the biotechs. |
