Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: squetch who wrote (4718)	4/23/1998 11:53:00 AM
From: Biomaven	Read Replies (1) \| Respond to of 9719

squetch, What about MOGN? I know you can't cry about it b/c as shareholder you have had your tearducts removed. If V1's take on the PII is correct, what is going to drive it up more. Already did their earnings and a Euro deal won't be til after this PII data, right?? Chart looks like it could go from 7-8 for awhile. Strictly a trade I'm suggesting. I think you are right that there won't be much formal news from them over the next 2-3 months. However, the company is fairly talkative, and so if Salagen sales are good, they may well say so. There is also the possibility of news on what their target tumors are and what the MTD in non-wasted subjects is. (I wonder where they get Phase 1 candidates that haven't already been through the chemo wringer?) Finally, there is some chance that an institution might suddenly get interested - institutional ownership is pretty small right now. Personally, I sold around 15% of my holdings at a little over 7 1/2. I only did so because the combination of the stock's rise, its overweight in my portfolio and its volatility meant that its moves seemed to be swamping everything else in my portfolio. (Which of course turned out to be a Good Thing, but still made me nervous). Bottom line: Trading some fraction of the holding isn't crazy. I wouldn't do it personally, if only because my trading attempts usually don't seem to work out. Peter