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Seattle Genetics, Inc. Message Board

  • mauihope2000 mauihope2000 Aug 31, 2013 9:13 PM Flag

    10th man rule

    There is an inordinate amount of feel good energy driving this. I believe SGEN will correct to trade inline with fundamentals.
    The 10th man (woman) in Cantor Fitzgerald has it right in my opinion.
    Note also that HL responds readily to treatment and is among the most cureable cancers. Repeating Adcetris type success in any other target may be near impossible.
    This is just my opinion. I currently have no position, long or short.

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    • Maui has lost hope and part of his mind. Current treatment does work for 77% of people (I know that well because I'm lucky to be one of them) but do you know how sick it makes you before it is over? Do you know how that there are significant side effects that linger forever associated with it?
      From what we know ADCETRIS side effects are relatively insignificant (that's the reason for the ongoing over 60 frontline) in addition to CR in the 90's.
      You should try telling to the 23% non responders that 77% is good enough.
      This is not one of your more lucid arguments.

    • Maui may be right; Maui may be wrong. But it should be noted that Maui has said things like this several times in the past few months. Maui also twice has sold out at levels rather far below where SGEN is now and, for some reason, seems to think those actions need to be rationalized.

      • 1 Reply to redhot47fla
      • Hi RED
        Your right. I sold at about $36 than bought at $29 and sold again at about $36 in the last few months. I don't recommend that anyone do what I do. I think I'm a little up on just holding so nothing to rationalize.
        My original investment here was in 2003. Over the years I admit selling and buying a few times. I have the highest respect for you and your decision to buy and hold a good thing. Although I do remember (correct me if I'm wrong) your own decision to take some profit.
        I want to own this. I have an aversion to losing money. Tell me why you think SGEN is currently worth $40. It's not IMO. If expressing that upsets people than the analogy of the 10th man rule is appropriate.

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