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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (581)1/25/2000 3:46:00 PM
From: enervestor  Respond to of 52153
 
I had an outstanding year last year with outsize gains in my telecommunications stocks, but the two big mistakes I made were selling INCY at $23 and MLNM at $30. I thought I would be able to buy back both companies cheaper, but didn't get it done. I had plenty of chances to buy INCY in the teens, but was just too uncertain to pull the trigger. I proved why I am not a trader with MLNM, as it took off about five minutes after I sold it and hasn't looked back. CRA, I clicked in to my brokerage one morning to buy, but it was up a couple of dollars over the closing price. I thought I would wait until later that day and see if it gave some back. By the afternoon, it was up ten. I'm still waiting for it to come back to me. <g>