If you have been invested in Xoma (NASDAQ:XOMA) over the past year you have been in for a pretty wild roller coaster ride. The company was approaching $4 per share only to tumble down to about $1.00 per share and then move right back up to $4 per share. Likely some just held on while the peaks and valleys past, but some active traders have made a pretty penny. The big question is whether or not this stock will cycle with more peaks and valleys or begin to move up and test new waters.
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I look at Xoma as an incubator of sorts. The company develops and researches medical solutions and typically partners with or...
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