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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (783)4/8/2003 1:14:49 PM
From: tuck  Read Replies (2) | Respond to of 1005
 
Well, Bernard,

Gosh, I can't remember how long it's been since one of these "fish the high volume bottom" plays has worked in BLUE HP land. On a day of jello with a negative bias, GNVC is up ~25%, and has cleared the resistance of $1.20 you mentioned. I'm guessing it consolidates here, or is subject to overall market forces -- on which I don't have a good read right now -- until news comes out. They have nothing at AACR, perhaps they'll have something at ASCO or some gene therapy meeting. Time to dig a little for news drivers.

What's your guess?

Disclaimer: BLUE HP manager flipped the shares in his personal account for a nice annualized gain, but is watching wistfully as the stock continues to look strong.

Cheers, Tuck