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


To: Mike McFarland who wrote (177)5/29/2001 3:27:38 PM
From: Mike McFarlandRead Replies (1) | Respond to of 1336
 
Well I just cant resist taking a profit,
even if it is just on paper. So I will
sell GZMO and take a little under 26k of
gains, put that into Trangene at $3.40,
and take the original cost, about 22k and
just absorb that to use as "administrative
expenses" for the next few years <g>

fwiw, there are five abstracts over on the
asgt website with at least one trgny author.
None look very exciting to me, but honestly,
I wouldn't know what to look for.

I will also buy a little trgny for my own account
at the current ask too, if somebody has detailed
quotes, I guess then can see a little 2k share
block right now. Oh yeah baby, Mike is moving the
markets now, heheh.

Transgene is very thinly traded ADR, so
it is most certainly not tradable for the ASGT
meeting, and these things are supposed to run
before the meetings, so be ready for letdowns
in this subsector of biotech I think after the
meeting.

Anyway. I'll hold it a few months and decide to
add more then. Also submitted it and vlts, and
genz to the Yahoo GT club as suggestions for
new discussion. The fellow who dominates the
club mainly likes cege, fair enough, that is
the least risky GT play out there, but we will
see if I get any feedback over there. I do not
post on that club very often, mainly just watch
it for "microcapfun" posts, which are quite good.

Hmmm, more sales I think. Just to raise some
cash in an unsteady market.

NBIX--17k of profit, PGNX 11k of profit,
SEPR 10k of profit, and LSBC 4k. That
raises 107k of cash to spend if the market
gets another spankin'. I'll delete them from
Madness later tonight, have to mow lawn now.