Monk's Den

[monk8702]

ONT (now $1.27).....Unfortunately have, and the average now is $1.54.....Only have 2000 (MONK play not Pick) shares so far----so no biggie.....400 near $2, 600 at $1.45 and 1000 recently at $1.26.......Might buy another 1250 near $1.00 to $1.05 in a further decline, but that would be it for me with ONT, most likely.......

Someone recently posted in Sept on MMclub how they were "underwater" on my DYAX from $4 1/2 (last year) and averaged down to $1.75 during further declines. They later got out when it rebounded back to $4 late Summer 2003......Even made a nominal 20% profit on the "bad MONK pick"......The DYAX they gleefully got out of in Sept at $4, is now $11 btw.......Guess they are NOT so happy now with just a 20% gain.......DYAX is a nice double+ since the $4 or $5 September get out price.......