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Biotech / Medical : T/FIF Portfolio

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To: Steve Lokness who wrote (406)1/8/1999 2:14:00 PM
From: Mike McFarland  Read Replies (1) of 1073
 
Thread: No science in this post, but it is
in regards to Ariad, so thought I'd post it.

Interesting activity in the warrants today...I am
not going to sell any more of mine now so it sure
isn't me--and besides a bunch went off at the
offered price of 1/4, hmmm, and even as aria
itself sagged today.

I re-established a second third of aria at 2 1/16
--basically with the money I was able to get out of
some of those ariaw's a week ago--the warrant
"position" trade was basically a wash.

fyi on the surge a week or so ago I sold a "third"
at 3 5/8 and repurchased a buck lower. Unfortunatly
I blew about a quarter of my profit playing with
level II one day, and not doing so well, took a
1/4 point hit times 2000 shares, sigh.

Hey I am only talking 1000 shares for a "third"
for me, so I am not making much off aria, but
not bad trades I think. Hope this post has some
information for traders of aria which is interesting.
Sorry I don't have any science stuff to post--oh
there was a nifty thing I found today, posted it
on the TGEN thread, something to go read.
Message 7166996

--MM
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