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Biotech / Medical : Aurora Biosciences (ABSC) -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (80)4/22/1998 8:07:00 PM
From: Richard Haugland  Read Replies (1) | Respond to of 359
 
Vector1: I agree. This stock is boring and, as you point out, has to continually absorb sales by VC folks and insiders. Today it spent almost all of its time at either 11 or 11 1/16. I was surprised when it closed on an uptick on the last 5000 shares traded.

Of course the day I would lighten my load the stock would immediately head upwards. Maybe they can start taking orders over the Internet or something. I have been expecting a dollar plus day but the stock just drifts -- currently drifting lower again.

I am not very good as a long term investor since I love to day trade but this company will make it some day, and I would bet that that will be much earlier than if it was doing drug discovery for itself. Technically it has a very competent group of folks.

I was hoping for some kind of positive announcement from the annual meeting but apparently nothing significant happened.