Seeking Alpha
  • iadops40
    Biotech's are up big today...finally back in the green...AMRN, PPHM, KERX, PPHM, IBIO
    4/20/12
    Reply (11)
    • FortSumter: Sold out of IBIO @ $1.80 (in from $1.31). Seemed stuck. Was in AMRN on the recent run from $8-$12. Want back in <$10. You holding?
      4/20/12
    • iadops40: moved in on AMRN on the dip down to $9.56 after the selloff, holding tight until July for the FDA news. Hoping it moves back up in the $20s
      4/20/12
    • iadops40: also no FDA panel was required for AMRN, so its a straight up decision for the FDA.
      4/20/12
    • FortSumter: I hear ya. Biotechs will be the death of me. Doing okay (VVUS) but got stung bad on ONTY. Check out ABMD. Make new version of mech. heart.
      4/20/12
    • iadops40: IBIO holding thru 5/1/2012, at least, for the PDUFA for PLX. Debating whether to hold short thru the PDUFA for a quick pop or ...
      4/20/12
    • iadops40: ...to hold thru the next 2-3 years for the long term. Analysts have a target range of $4-$8 long term for IBIO.
      4/20/12
    • iadops40: I was an idiot with KERX, opened a position when it dipped under $3.00 and was up 75% leading up to the phase III results...didn't sell :(
      4/20/12
    • iadops40: doing "ok" with VVUS? Sitting on a pile of cash, their up like 130% YTD LOL, and they still have the PDUFA coming up for Qnexa in June
      4/20/12
    • FortSumter: Biotechs are funny. If you dont get 100% you feel like you're doing something wrong. So you hold long after you should and pay the price.
      4/21/12
    • FortSumter: So you're holding IBIO until 5/1? Didn't understand your comment related to it and PLX. I sold out of VVUS for 110%. Made me too nervous.
      4/21/12
    • FortSumter: Bought AFFY prior to approval. Didn't expect the drop after though. Up maybe 10% but will hold until >$12. Also currently under on IDIX.
      4/21/12