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Biotech / Medical : Sangamo Therapeutics, Inc. SGMO -- Ignore unavailable to you. Want to Upgrade?


To: sim1 who wrote (262)5/29/2008 5:25:58 PM
From: The Dodgy Ticker  Respond to of 368
 
Sangamo Biosciences (SGMO - Cramer's Take - Stockpickr) gave up $1.29, or 10.5%, to $11.04, after Brean Murray Carret & Co. analyst Jonathan Aschoff initiated coverage on the stock with a sell rating and a $5 price target. Aschoff expects trials on SB-509 -- which uses the company's zinc finger DNA-binding protein technology to modify genes -- in diabetic neuropathy will leave investors disappointed.

I would love SGMO to drop to $5! I would back up the truck were that to happen.