Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (154)	4/23/2001 1:22:34 PM
From: keokalani'nui	Respond to of 1336

Mike: I've been poking around progenix. Superficial of superficials, but there is a lot to like now that the FUD from the melanoma trials has blown off the top and elevated its hiv program. To have rights to CCR5, and several existing entry inhibitors--Mabs and mabs, an anti-oxidant candidate...p2 results coming this year, relatively modest burn, $60m cash. (And I'm a sucker for cancer vaccines anyway.) I don't own any yet. Do you still follow it? Visceral thoughts? Where's the best thread for related info? Wilder

To: Mike McFarland who wrote (154)	4/23/2001 9:41:18 PM
From: Spekulatius	Read Replies (1) \| Respond to of 1336

Mike, I did my share of trading mistakes. Also went into boring big caps march (ALL, MCY, BLS) but sold too early. I did clean our my portfolio from losers in March and April and sold almost my entire portfolio after the rate cut. Specifically, I am happy i sold SEPR since I could buy back for a 30% discount today. Its better to be lucky than smart! I intend stick with my approach to swingtrade with highly liquid mid and big caps (MEDX, NBIX, PRCS, ABGX SEPR, CELG etc.) for a while (similar to Rick) because I do believe that the market will remain to be fairly weak. I also established a short position with semiconductor stocks which I think are still overvalued and highly sensitive to a weakening economy. If you are up 10 x from your initial investment then you are a terrific investor!