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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: Sam Citron who wrote (595)3/11/2005 11:08:43 PM
From: tuck  Read Replies (1) of 946
 
So the hedge worked, I gather.

Today, I picked up some of what I took off the table a month or so ago. Now that the lawyers have chimed in and expectations are low, it seemed a good time be contrarian. Hoping that the Pixantrone program can save CTIC's bacon, and that Bianco has learned to shut up.

It's as if summer is here early. I was planning on doing a lot of buying then, including another chunk of CTIC for Pixantrone news in the 2nd half. Now I wonder if summer will be any worse. Currently looking for ASCO plays; I suppose you could call this one, but I'm not expecting positive news out of CTIC there (unless one of the other Stellar trials succeeds). I don't think they'll have any Pixantrone news for ASCO.

TELK, maybe even MLNM are probably better as ASCO plays. Other suggestions accepted, but perhaps the MomoTIF or Valuation threads are better venues.

Cheers, Tuck
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