Biotech Values

[poorgradstudent]

incy:

>>>I added INCY at 2.36.<<

Well, a 42% gain in one week isn't half bad, pgs.<

Then you'll be happier with my add at $2

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25195696


Notwithstanding my flukes in the trading department, I do think you're correct in regards to the company.

Part of my confidence is that I do think they will partner. They appear competent at producing drug candidates, and for an unprofitable biotech, they do relatively thorough phase I/II trials. I hope greed doesn't overcome them.



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I did sell shares at 3.26 on wednesday to reduce the cost on the 2 and 2.36 shares to zero. No sense looking a gift horse in the mouth in this environment.