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Biotech / Medical : Biotech Lock Up Expiration Hell Portfolio: Wave II
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To: scaram(o)uche who wrote (83)11/5/2004 11:03:58 AM
From: tuck  Read Replies (1) of 107
 
Indeed, we do not seem to be getting the knee jerk sell off one usually sees after follow-ons are announced. INHX seems to have had some newsflow in the last month or so, and it is trading near highs, even now. They crafted a well timed and reasonable deal under the circumstances. I gather the stock you're referring to is ACAD. Expecting news flow from them some time soon? This does seem like a good window, since the market thinks the economy is OK, that oil prices are receding, and is infatuated with an all Republican federal government. How much better can it get? Perhaps we'll see a renewal of the Wave II IPOs. Part C, perhaps. I should take up Eliot Waving.

Cheers, Tuck
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