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Biotech / Medical : GLGC Gene Logic -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (319)6/28/2007 3:14:36 PM
From: Mike McFarland  Read Replies (1) | Respond to of 360
 
No, keep that PR machine going, I'm only eight cents
in the hole at the moment, go baby!

I did briefly contemplate buying some more shares
yesterday and averaging down a little, but then
I thought to stick to my plan and wait. They ought
to ring a bell for us--I don't think I have ever
bought (or bought back into) a stock and not right
away been down 10 or 20%. Today is good.

Might there be room for a "swing trade" between now
and next earnings report?

Too much to hope for, but you never know...

It is interesting how the dime it popped up on the
Parkinson's PR seemed like a total waste, but today
a dime is wonderful. Bit I still think we are quite
a way from max pain, and that is where you want to buy
(or in my case average down).

Two cents from Mr. Crazy, what do I know. I was down 50%
in that Ariad years ago (and taking losses) when that
finally turned around--and then I sold way too soon
after all that fuss. I'd do well to use charts and just
ride the trend instead of trying to catch knives.