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Biotech / Medical : Xencor (XNCR)
XNCR 14.37+5.0%3:59 PM EST

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To: tuck who wrote (78)1/31/2015 3:13:15 PM
From: scaram(o)uche   of 136
 
Looks good to me!

Post-JPM slump, immunotherapies......

finance.yahoo.com

>> Stock was weak for the day, but seems to be trading back up after hours, which seems a bit odd. <<

They got an upgrade on these results, so some might have expected a snap back. Didn't happen, Friday.

I actually feel that there may have been a little lockup expiration reflected in the day, that < 5% bench grunts have been waiting for a high volume event to take some off the table. Maybe wishful thinking.

Add that some attempt to short "no news" companies post-JPM, and immunotherapy was 2014's darling among the infamous cash losers.

I added a tad late in the day, bringing total to 0.2 X full position. And I have no full positions at the moment.
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