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


To: squetch who wrote (4896)5/13/1998 7:06:00 PM
From: Rocketman  Read Replies (4) | Respond to of 9719
 
I'm inclined to put in a Stop Loss order on MOGN to lock in the profits in case it slides down, even though the market cap isn't that high. Figuring that we could buy it back cheaper. Since this was driven by the annual meeting, I wouldn't expect any more good news in the near term, if they knew it they would have said it today. This seems like more of the we want cancer cured set tossing their $$$ into the fray. While the annual meeting had some good stuff come out of it, it seems to be nothing that deserves this sort of run up. Wow, I just looked at the intraday, and this sucker hit $24 for a while, up from a $7 13/16 open. I'd say someone wanted lots of shares bad and didn't care what they paid!!! These must have been some huge market orders placed. Anybody who has some real detail on the trading activity, I'd love to see it posted.

Rman