• Justin M. Hall
    4/5/12 7:30A ET: {BIS, SPPI} Short Biotech => Back on 1/30/12, I reco'd near-the-money puts on SPPI. Were you paying attention?
    4/5/12
    Reply (16)
    • Justin M. Hall: I covered and remained invested in SPPI for more than two years. SPPI has had a nice run. Now, the stock should be avoided.
      4/5/12
    • Justin M. Hall: D: I do not own any positions in SPPI. I have not owned a position in SPPI since May 2011.
      4/5/12
    • Justin M. Hall: In late January, I noted on my site that SPPI's daily chart had formed a three peaks + domed house pattern.
      4/5/12
    • Justin M. Hall: I would steer clear of SPPI until it hits $7 -ish.
      4/5/12
    • Justin M. Hall: The buying at/near $10 is prudent short covering.
      4/5/12
    • antisense: Coming out of the woodwork.
      4/5/12
    • Justin M. Hall: Hahahah! Who's coming out of the woodwork? Take a hike.
      4/5/12
    • Buddaus: I live in the woods.....
      4/5/12
    • Justin M. Hall: Nice! You and I both. :-)
      4/5/12
    • Buddaus: So I come out of the woodwork a lot....
      4/5/12
    • Justin M. Hall: With a lead pipe in one hand and a Glock in the other - so I've heard.
      4/5/12
    • Buddaus: haha .40cal to be exact. Red Dot hollow points..... Damn Conservatives...
      4/5/12
    • Grand Nagus Kelly: Usually following the buzz has been profitable for me. Not with sppi.
      4/5/12
    • Justin M. Hall: Joe, Biotech is a tough space. I'd avoid SPPI until it comes down further. The industry is also out of season. Best months = Aug to Feb.
      4/6/12
    • Grand Nagus Kelly: Thanks for the advice.
      4/6/12
    • Justin M. Hall: Always welcome my friend!
      4/6/12
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