The Biotech Trader Lounge

[Slug]

AFFY has taken off again! I got in several days ago at $6.30 (a bit early since it dropped near $6). Maybe this is the start of a decent run!

I was able to sell my covered AFFY calls this morning. Locked in a reasonable gain and 10 days for it to fall back out of the money. A good day indeed!

[KTP]

AFFY has taken off again! I got in several days ago at $6.30 (a bit early since it dropped near $6). Maybe this is the start of a decent run!

[Slug]

No clue on OXGN.

But, I like this topic. Biotechs I'm holding:

AGEN
ARIA
AVII
FOLD
MSHL
NEOL
NVGN
TELK

Probably not particularly useful since you don't know why I'm holding them, but hey it's the weekend...

[Scanner]

Yes, it somehow ended up on my yahoo watch list and it's up 54% today. . .amazing stuff. . .wished I had been invited to that party.

[KTP]

I can't keep track of all of our conversations across the 5 or 6 threads we started about trading biotechs so thought I might start up yet another one

Remember back a few months ago I mentioned a little stock called OxiGene? (OXGN) It did a reverse split a few weeks ago to get out of the penny stock status and then traded around $1.51 to $2 for awhile but this week has exploded to $3 and climbing (up another 50% today). Anyone have any more info on why?

I had 5000 shares at $0.21 but sold them awhile back for $0.26...kind of wish I had held now lol. (I do realize that would be only 500 of the new shares btw).