PT - I have some ADMP and I am waiting 2. IDRA I was veryyyyy temped over the last few session but held off mostly due to the market and man it has dipped, so on that one decision I saved some $$.
Had a bunch of PDUFA stuff but in the out months so I am slowly lightening the load, the world events are not being nice to the Market and things with highly speculative value are getting whacked worst. (cheap bios)
The market always worries about something but with the Crimea up in the air and many former Soviet states. Now those same very small countries, in the area, have NATO Defense treaties. If they are attacked it could well draw the NATO's forces in. Putin is a nationalist and ex head of the KGB, he gives a Rat's a.. about what is good or fair etc etc, simply a dictator like many, trying to disguise himself as a diplomat. So he smells blood in the water and will test weakness and that will screw up the markets.
Just one of many worries we have as line after line is drawn in the sand and then erased, same type of process as the health care act is going through, exceptions and delays of deadlines.
Consequently at home and abroad we are somewhat screwed unless things change very soon. Oh well tomorrow is apt to be like yesterday so I guess we are in for more of the same BS.
Not too much to brag about in this market that is for sure, unless you were short bios lol, (I was not)
Bought a bit of SPSX 3x short the S&P index. It is an ETF with a daily range of a buck, so you can have fairly tight stops on it and it straddles a bit some of my long positions indirectly. (that is the theory at least, lol) Just in case we slide further.
T2M
