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nwsailor

03/14/05 8:04 PM

#369542 RE: Paul A #369530

Paul, I'm beginning to think I play the bios all together wrong. I have about 5 of them long and usually trade in and out until I feel like I have a comfortable cushion to hold for the long term.

I think a better play might be to short a basket of them with loose stop loss orders to protect against a DNA type of event. It seems these stocks take a beating more often than not. The chances of getting a product to market is pretty slim.

I've always held out for the homerun. Maybe I need to change my perspective and go for a strike out. (Wish I'd been short LJPC today).
nwsailor