SGX Pharmaceuticals, Inc. (SGXP)

[gym gravity]

sgxp is a (science) company that I was ready to commit a 1-2 yr long position in. I was just getting started with buying when I could, finally getting less than 2000 a few days ago around 1.40 they made me chase it from 1.32 or something. Low float. I thought it would grow slowly, like idix, up from 1.32 back to 5 or so in 6 months time.

I think it is an example of zebra's law not holding?

They dropped their highest priority drug and the company fully backed the second, more specific drug. (met inhibitors)

I have to read up on met inhibitors and I'm really going to start digging into http://en.wikipedia.org/wiki/Autophagy

and to figure out which drug might boost or supress it. scientific american had an article on autophagocytosis and mentioned an existing drug that was being investigated. tlrs are going to be big.