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Sangamo Biosciences Inc. Message Board

  • ezndat ezndat Oct 27, 2011 8:18 PM Flag

    Not looking good

    Terrible reversal into the close today....This will see the 2's probably tomorrow or sometime next week, would have happened already but markets are up some 500 points since the earnings release....wouldn't look to add unless below $2.50...only good news is that could potentially be a very good stock to trade over the next few months, hopefully cut into losses some while waiting for the next catalyst....I'd even think it would be okay to short SGMO above $3, it seems pretty clear to me that we head lower unless S&P breaks through 1300 and just keeps going up, then could maybe sustain $3.25.....

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SGMO
5.46-0.11(-1.97%)Feb 9 4:00 PMEST