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XOMA Corporation Message Board

  • pharsono pharsono Mar 2, 2000 12:28 PM Flag

    no man scientist

    Well, looks like Xoma is surging, I think $12-$15
    in a near future should not be a problem.

    Of
    course, it may not be as good as ASTM today.

    Good
    luck to us all. By the way, you think it will surge
    beyond the 52-week high, any input will be appreciated.
    Thanks again for yesterday info.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I bailed out both ASTM and XOMA
      today.

      First about ASTM. Today's news about financing is good.
      But 6 millions will not do any good in long term to
      the company. They did the private financing back in
      last October, but that did not last long. Now, they
      terminated relationship with SSB, and goes back to good
      product potential and bad management.

      Their US
      trial has just started and will take about 2 years to
      get on the market. Unless they find someone for
      buyout, their chances of survival on their own is slim.
      Will definately see further dilution down the
      road.

      Now about XOMA. I hope I had stayed. But tomorrow is
      Friday, and biotech stocks have been very hot this week.
      I would expect to see a hit on the whole sector
      tomorrow. Looking back the last six or so Fridays, both DOW
      and NASDAQ had suffered very heavily. I would expect
      to see that happening again.

      I will re-enter
      both ASTM and XOMA sometime next week. Just can not
      ignore the potential. Yet, I don't want to take
      excessive risks.

      By the way, you may take a look at
      CRDM (same sector with VASO). Cheap at 2 11/16.
      Holding 10K now. Looking to see it poping over 5 by March
      14, Cardiovascular Convention.

    • $12 seems to be a ceiling for XOMA...we
      have
      hit it and bounced back a couple times.
      Shorts
      will notice this and many will buy
      around $12 and
      then try to help talk the
      stock down....be aware of
      this when they
      hit the board.

      Feels pretty
      good today....will probably sink
      back a little
      around noon and hopefully move
      up a little more when
      everyone gets back
      from lunch.

 
XOMA
5.69-0.01(-0.18%)Nov 28 1:00 PMEST

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