XOMA Corporation (XOMA)

[offshore48]

Your very welcome, happy to do it. It was pretty obvious to me in the premarket where on a news day, especially one that has that negative stigma attached to to the reaction is going to be a standard one. Most if not all the large volume trades were going off at or near the low for the session. Then comes the actual market open and see the reaction and average down. Xoma was on sale this morning and could be for most of the day, we don't know yet, but I would not be surprised if we did close green. I'm not expecting that though. Think of it this way, it's like taking out a equity credit line on your house. It's available if needed. If it's used, then yes you have diluted some value from the property initially. If you need to sell near term then you may not get the value back. Unless you are charging for house tours, you have no revenue on the property. Xoma has a multi million dollar untapped market staring them squarely in the face which will never dry up. This is why I repeat often to the point of nausea that if you have a longer term view, then like earnings, today's news is meaningless. We start to get results next year. Xoma is streamlined for where it sees strong growth. Support and funding on multiple fronts now in place. Just take a breath and let the journey continue.