PHRM Update
Wow! Mr. Blair just purchased 785,200 more shares of PHRM at ~$19.13/sh. It cost him just over a cool $15 mill. Nothing screams "I absolutely love this stock!" more than a $15 mill purchase - particularly after spending a mere $2million earlier in the week. Needless to say, the stock is up in AH action.
I am upping my target to $27
Responding To Message #233 from Rutgers at 5/4/2006 8:41:06 PM
New Trade Alert - revisiting on old friend:
Purchased some PHRM at ~$18.40
Huge I-Buys very recently. Based upon my prior DD that I put in this firm, I really, really wanted to get more, but the price ran up too quickly and I d/n have the #$%@ to buy on the way up. Nuts.
Responding To Message #64 from Rutgers at 6/16/2005 11:11:15 PM
Trade Alert:
Sold PHRMo at ~ my sell limit of $22.70 today. This ultimately played out the way I originally envisioned, but going forward I could probably tweak my model by being more active. We'll see.
Also purchased PHRMo at ~ $19.77 yesterday under my proprietary trading model. This is the same model that identified MSOo as a potential buy. As of today's close, this may turn out to be a good trade, but since my target is $21plus, I am letting this run. If she breaks $21, I will put a stop in. If she retreats from here, I will consider a stop at $19.60, which was today's low. Obviously, I will have to monitor closely.
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