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Biotech / Medical : Biotech for less than a buck. -- Ignore unavailable to you. Want to Upgrade?


To: RWReeves who wrote (563)6/14/2000 3:25:00 PM
From: RWReeves  Read Replies (2) | Respond to of 743
 
New LT$10B meat to look at:

OPHM. Off from the IPO price in the 30's. Currently in the 9's. I also like CGPI.

Both oral hygiene firms. Take a look.

Disclosure:I own some of both and have traded in/out of CGPI in the past, mainly taking a whippin.

RWR



To: RWReeves who wrote (563)7/7/2000 9:09:41 PM
From: RWReeves  Read Replies (2) | Respond to of 743
 
Didn't have long to wait:

June 8-"Back in AICX. Eyeballing GNLB for re-entry point, I'm looking for high 3's low 4's if the market wobbles again.

Biomedtech: SNRS reaching my target of 12 , I'm not greedy, it may go higher but 100% is all I ask. Besides, at this level our beloved shorts usually pile in and it becomes a zoo. Well OK maybe I am greedy but lets say risk reward curve becomes less attractive. Sounds better."

7 July-a month later:

AICX: up strongly today, nearly 30% over 8 June re-entry for me. I would make 10 the target but I'm a short term kinda guy lately; 5.

SNRS. Yes, sold at 12. Yes, a few days later the friggin shorts piled in again. Yes, yours truly piled back in at 6 and change, including calls. Yes, got barked at by the peanut gallery on the SNRS thread. This is so predictable you can set your watch by it. Target 12 again by year's end. Looking to make about 120% with the calls plus the long. What would we do without the shorts? Note to SEC-No prior knowledge, just a feel for when the locust swarm is about to spoil the party.

In other news...more ranting

Thanks to MM for his suggestion of AXPH. Up about 20% since then. Congrats to MM for the DNDN call. He bought in the nines while I hoped for (and didn't get)sixes. So I jumped in at 14, out at 18. MM clearly whupped my rear on that one.
I think he bought SGMO and held it. I bought at 7 and sold in the teens. Kick self. Repeat as necessary. SGMO is flirting in the 30's. Damn zinc fingers. Bought TLRK instead. Ah well, up 7 in the same time. LTAB envy.

OPHM up about 20% from the rec. Has a LONNNNGGG way to go for me.

CIST is up to .55 from lows of .39. Still half of the value of conversion to CLL. When will this happen? My account runneth over with CIST. Basis about .44.

VLGC. Nice pop, sold at 18 on technicals. Will buy back in 9-12 range. If it ever happens.

CNCT out at 17 a few days ago. Kept going... This was one of the post meltdown bargains. Thanks whoever sold me their shares at 7.

In the "True Believer" corner....

FSH. No not follicle stimulating hormone. You've been in the lab too long. Fisher. As I ranted before, I like FSH a lot and bought some along with munchee PSSI. I for one like the combo. OK, so today sold out of about half my PSSI (which I consider a "warrant" on FSH at the .31 exchange rate) into long in the money PSSI calls. Why? Leverage. For the same kilobuck, I can buy about 50 shares of FSH, 150 of PSSI and about 5 in the money PSSI calls (equals control of 500 PSSI shares or about 160 FSH shares). Kind of a "second derivative" option.

I expect FSH to go up, no reason it was so badly hosed imo. That drags PSSI up 3:1 and PSSI calls up accordingly. I do get well and truly hosed if PSSI and/or FSH drop sharply (further). Let's see what happens by say December. Either it's "Merry Xmas" or "damn Market".

Oh, out of pharma and calls sooner than I thought. Expected to hit targets 12/00. Somewhat sooner-XMAS in July. Now into (BFLTAB please forgive me) European ADSL, HDTV chips, Canadian SPC software and fuel cells. Oh the shame. Heh heh.

RWR



To: RWReeves who wrote (563)7/12/2000 10:25:55 AM
From: RWReeves  Read Replies (1) | Respond to of 743
 
AQLA.

Up 179% today, presumably on the AIDS adjuvant news. Net return from 6/8 to 7/12 about 250% total. Target was higher looking for a buyout later rather than sooner, but sold on the upgap just on technicals. LTAB graciously thanks the market. The pain of selling SGMO too early is ameliorated.

Message 13850514

Message 13850363

RWR