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Human Genome Sciences Inc. Message Board

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  • vs1234gs vs1234gs Sep 15, 2011 12:34 PM Flag

    Added 50% more.

    Thought to share my trading so far in HGSI. Here is detail on my trade.

    Price Share
    27 100 On Approval
    19 100
    16.5 400 Added due to short put at 17.
    13.15 400
    12.1 700
    11.08 900
    Total share 2600
    Average price is 13.42.
    I sold 300 share yesterday at 13.5 just to reduce % of overall holding as it reach 30%+. Planning to sell another 400 at 14.5 and another 600 at 16. Then hold for atleast about 6 month. We will have clear picture on Benlysta. Ofcourse will be adding more if it go lower. Follow me. Right now is good time initiate position if you not in yet. Good risk reward profile.