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Justin M. Hall's  Instablog

Justin M. Hall
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In transition, I plan to update my Bio in the near future. -- Justin
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  • How is your portfolio performance doing? No selling yet, all the puts expired worthless. My shares got called away. Thank you but no thank you.
    15 Jul 2011, 08:48 PM Reply Like
  • Author’s reply » I'm sorry to hear that, but I have NO clue what the heck you're talking about. Coming from you, however, that's also not a surprise.

     

    At RxInvestors.com, I continue to maintain my recommendations for #1 (IBB) September 2011 put options and #2 shares of (BIS).

     

    In June, we nailed the IBB $105 puts, but missed on the $100 puts. Gains exceeded 100%.

     

    Earlier this month, I recommended to investors - * on my site * - that they shift all capital, if any, from IBB July puts to the IBB September puts. IBB September 2011 puts is a core mid-term position I have maintained at Rx Investors since May 10, 2011.

     

    Biotech stocks will correct eventually. As I have repeatedly told subscribers at Rx Investors, I am looking for the Biotech names to begin selling off on the Q2 results. Make no mistake, I remain bearish on Biotech. Did you see (SGEN) today? I suppose not.

     

    Since you do not subscribe to my site, why complain to me about your loss? Why should I care?

     

    Nevertheless, I do wish you well and hope that you are trying to enjoy your summer.

     

    Justin
    RxInvestors.com
    15 Jul 2011, 10:21 PM Reply Like
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