Trinity Biotech (TRIB)

[io_io]

"my clsn is up nicely!"

Kei as you may know, I only owned CLSN for a couple of weeks, traded it then for something else (DSCO and various call options). Basically CLSN has very little data to believe in.

TRIB has susvived the biotech downdrag pretty well, it is barely 5% off the highs. There is a new blog piece here, which shows they are making progress on all fronts. I still think $12 is possible by year-end if biotech gets out of the slump. It is not super exciting, true. I actually sold 25% today to buy DSCO - that is one of yours that I think is a fair bet.

http://seekingalpha.com/article/301578-trinity-biotech-s-premiere-and-point-of-care-businesses-will-drive-2012-revenue?source=yahoo