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Biotech / Medical : ADVENTRX Pharmaceuticals Inc (Anx)
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To: estatemakr who wrote (142)5/30/2007 6:04:09 PM
From: Keith FeralRead Replies (1) of 418
 
I can't find a single redeeming quality to QCOM anymore. You can always collar a position with options if you want to eliminate the volatility. Right now, the market is in such an unusual spot that the only risk is leaving money on the table by selling stocks on the way up. Look at appl at 118. I've been selling from 105 all the way up. It doesn't matter, I think the other positions that I replaced with do alright too.

At the same time, I've made some great sells by trimming amgn out of the way. They are going to gets chopped up like LU, nortel, and jdsu once the post chemo anemia market disappears. First things first, we need a biotech champion to take them to the wall. Adventrx has the disruptive potential to create quite a bit of havoc in the biotech market once the ball starts to roll.
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