Ionis Pharmaceuticals (IONS) Message Board

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Biotech / Medical : Ionis Pharmaceuticals (IONS)

IONS 72.71

+0.3%

Nov 12 3:59 PM EST

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To: jopawa who wrote (2310)	10/30/1998 8:44:00 PM
From: Paul A	Read Replies (2) of 4676

thanks for the advice.. of course there is no 'magic' number, altho it is my number... There was no calculation, no t/a, just a number I came up with as my point where the stock has failed.. You need to understand that I hold very few long positions, and the only reason im here is because whenever the market gets a bit ahead of itself as it is now (my opinion) I look back at older investments I had and consider starting another position . My gut feeling is that ISIP will hold and trade in the 10-12 range. What more, I like the fact that the downside is very limited if it can get some support from investors both retail/wholesale.. Since the small runup we had in the last few days, someone has been aggressively selling blocks of 5/10k, and what annoys me is that they are just dumping it onto the market like today. Im just betting that they finished today, but the volume was low so they might not have done what the wanted. I have nothing against the company.. actually, I really like what the company has to offer, thats why im here.. Im very tough on companies that have my money.. I guess im playing a bit differently...this is what I do all day.

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