Encysive Pharmaceuticals (ENCY)

[Gd2Aussie3]

Ronnies...I had GILD and did good on it. Currently have some options of it. They are, as you know, also up for FDA approval with ENCY. GILD being the better established company and more used to fighting with the FDA has a slight edge in the process. However, to me it doesn't matter. If ENCY gets approval and GILD has a head start, there is more than enough room for the both of them to make millions. It's that fact that makes ENCY an attractive buy. ENCY I also have options on.

Right now, since the no earnings news on the 8th of this month by ENCY, it has been a little weak. Its 7 & 18 day SMAs are slightly below its 30 day SMA, which is not bad. If they were heading in a straight downward direction, that would be bad.

I not only have AVNR, but also PRX.

G' day Mate,

Aussie