$heff's $tation of $tocks & $olid DD

[$heff]

Portfolio Update...for day ending 12/3/12. Was time to trade a few positions here today. One I have had for quite a while.

PATH..$3.41..Locked gain of 38% at $3.45 from $2.50 avg. Will be a solid PDUFA play with a 1/17/13 date. Wanted to lock gains these were solid gains. Will look to re-enter again before the PDUFA date.

SCMP..$4.82...Sold for a loss of 10% at $5.00 from $5.60 avg. PDUFA date was extended to late April for Amitiza. Wanted to free up cash for a few near-term plays as Dec & Jan are big months for biotech catalysts. Been holding SCMP since 10/11 & 10/19. Will look to get back into this one in early 2013.

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