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Biotech / Medical : Celera Genomics (CRA) -- Ignore unavailable to you. Want to Upgrade?


To: horsegirl48 who wrote (573)7/22/2000 2:53:23 PM
From: allen menglin chen  Read Replies (1) | Respond to of 746
 
I'm not recommending to buy at this level. But I would hold my current position since it breaks out of the 90-105 trading range. And the maximum pain price for option expiration is ~100. So even the option MMs cannot push it down.

In the last 3+ weeks, CRA has signed up ~4 universities, ~2 bio/phamar companies, and Australia gov. And I believe there are more signups on the way. CRA's biz model is validated.

Proteomics is the next CRA project. And cancer related vaccines might be developed -- CRA might become a drug company.
fool.com

Short-term, the mouse genome sequence should be done in late Aug to Dec.