Glad to see you are back and I am also. As a footnote today LXRX...is having a great day.(in at 1.50). They have a wonderful pipeline and My Mom passed away last Year from Cancer. They are working on that type of Cancer, Carcinoid Syndrome. Today's news is on their diabetes compound. LXRX is a true pipeline firm. Also AMLN is now confirmed the breakout with good volume and over $17.50 today. It is on it's way to over $30 per share, with the LLY deal. Finally the $VIX got back to where I bought it $19.54. As for ACAD I will buy at $1.30 and sell at 1.60 for my short term profits on ACAD. 10K @ 1.30 = $13,000.00 sell 10K at 1.58 = $15,800.00 . It has worked the last 3 times. Hope you are well. Regards, dtl.
Hi EM, as you know I took a big hit last year in acad. I was buying some at $5 and sold some at $6. But like LL I also had some covered calls just in case....well that just in case was not enough to offset my loss in 2009. I do not like to make public how many shares of XYZ or ACAD. I am looking to buy around 30k shares at 1.21. my total would be under 100k shares dtl. I am keeping my amln..dndn...some hgsi...and bcrx. so i need to sell some X....or BUCY to buy more acad. hope all is well. dtl.