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

To: Steve Lokness who wrote (327)	8/6/2007 12:08:00 AM
From: Mike McFarland	Read Replies (1) \| Respond to of 360

I cannot complain though--for the sort of microcap bottomfishing I've tried to do, I haven't really lost that much money on these. Targeted Genetics has probably taken a $10 or $20k bite out of me, but my biggest loser by far was Genset. Heck, I made a little money on glgc, luck I guess that I didn't own it 95% of the time it spent declining. And they may yet pull a rabbit out of the hat, but I doubt that I'll ever own it again. I've great respect for the sort of DD tuck, Rick and the others do to try and extract something out of biotech. But honestly, I'm so far out of that league the best thing I ever did was extract a lot of that 1999 money and lock it up in treasuries. Gosh Ariad was brutal, then finally a lot of fun--I'll be telling that story when I'm an old man. Say, did you catch the youtube video file of Cramer melting down on Friday? That's really something, I never watch CNBC or his show, wow, his voice was cracking and everything. Doubt it was an act--somebody is losing real money out there now.