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Biotech / Medical : Incyte (INCY)
INCY 106.00+0.8%Nov 7 9:30 AM EST
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To: scaram(o)uche who wrote (3030)6/18/2014 3:12:59 PM
From: Biotech Jim   of 3202
 
I did substantially increase my GILD position, but lost out on INCY and TGTX, a couple of others that I keep following. I do plan to pick up some TGTX.

In some not so related stocks, I did manage to sell and reload my RIGL in a couple of accounts, and did the same with CCXI. I now have sold out of CCXI completely. I did get some MGNX, but some 15% or so off the low.

I do think that the GILD play in checkpoint inhibition is a very good one. I know several very smart people at GILD. But as Barry Bloom, who was head of Pfizer Central Research during the glory days, once said to me: "there is a lot of luck involved in this drug discovery game". NOT kinda like when I was back in college, in the days where the harder I studied, the luckier I was with my exams.
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