I just started a new IDIX position at 8.6 on Friday. Sold at a 5% in the 11's earlier this year. Been watching it ever since and feel the timing to buy is right. Trimmed back some of my RPRX (gains) to allow this purchase (as I was too focused in that stock). Now own in order of position size (value): REGN (6's and 11 price purchases from '05 and '06), RPRX (6's), DNDN (mid 4's avg), and now IDIX. DNDN has been my DOG. We'll see if it can get out of the cellar this spring.
I was very fortunate with REGN when it got beat up, and then late in 06 with RPRX purchases per rfj's posts. It looks like IDIX's price is pretty much washed out and very attractive for the upcoming year's events. I might buy a little more on Monday.
Best wishes to IDIX longs in '07!
Spartex
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