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Biotech / Medical : Xencor (XNCR)
XNCR 14.58+3.3%11:56 AM EDT

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From: Lance Bredvold10/22/2021 2:40:06 PM
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Apparently little interest in XNCR by others but I've been playing around with the stock successfully so far. Know little, but at least have learned what the FC domain is thanks to Rick. And I was impressed with a glib talk by the CEO--usually a warning sign, but for some reason I trusted him. Says they hope to become a full service pharma eventually.

Meanwhile the big reassurances for me have been regular partnering by large pharma and recently $100mm up front plus $25mm equity by Janssen. Most purchases have been around $30 but after that announcement I sprung for some more at $39.

Inexplicably I've done well with biotech over the last 20 years since I have very little relevant knowledge. Followed Rick a couple times plus some others, but somehow seem to be just skittish enough to escape most major blowups. Not FGEN though--still hold a full position there.

Anyone else out there investing in XNCR's future?
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