Had a feeling that Greenspan would suggest
raising the rate again. Gene was a nice ride. I look
forward to getting back in on a big dip to 25 or so. May
not exactly reach 25 but I do think that 30 will be
compromised for a very very short period of
Sorry guys had to sell because the NASDAQ has been
running wild these past few days and furthermore GENE has
been running on the Biotech hype as well. Just like
last year, the hype gets killed the quickest.
Greenspan killed my AOL at 175, and there is no way in heck
I am going to let him kill my GENE and cut my
profits in half. When the market goes, there is nothing
you can do to stop it. I just don't think it can last
Either way, I am happy with my profit, and if it
continues to go up, I will be happy for all of you as well.
Nothing personal to any
other Gene investors. I am happy with my gains, I hope
that you all are as well. I don't do paper profits, so
I am out.
Those were my reasons for cashing
out PeterLynch. Hope they are of some use to you.
Everyone already knew Greenspan would probably
raise rates again. I think it's already factored in.
There might be a small dip tomorrow, but when the dips
happen, Gene keeps bouncing back to new highs. I doubt
you will see a big dip in Gene anytime soon.
after all trader get rich pigs get slaughtered. I
more than doubled my money and am quite happy will buy
in if Gene dips enough. Always sell when a stock
becomes just too rich. protect your self and profits have
some $ on the sideline for the dips.
i had the same theory with hysq two weeks ago
when i sold my shares @ 56 5/8, thinking it was gonna
dip into the 40's. BOY WAS I WRONG!!! I couldn't get
For your sake, i hope i'm wrong. But for
my sake, I hope I'm right in holding onto my GENE
shares this time.
This biotech response is
undiscovered territory with the run-up, i would definitely be
careful about shorting these companies.
Good luck to
This is one of the most solid Genomics plays
around, one of the few companies with earnings, and we're
all lucky enough to be on it before it starts getting
pops like every other Company in the sector has. This
thing will catch up and all who sold will be sorry.
But hey, no hard feelings...
100 is just
aroung the corner.
NASDAQ has been going nuts since the end of 98.
Even Greenspan cannt kill this. AOL killed itself with
the Time Warner deal. See you at 130 not 30. Board
meeting comming on the 28th. Anyway NEO BYE BYE. Even
when the market takes a hit stock goes up. It seem
like everyone is still looking for that big score. The
way I see it GOOD BIO-TECHS are here to stay. There
is a lot of companies out there getting pumped by
this trend but I think GENE will be one of the
<<AOL killed itself with the
Warner deal. rhyhorns>>
I was not referring
to the Time Warner deal this year. I was referring
to the time last year, last spring, when Greenspan
came out and killed all of the Internet stocks which
were "hyped", not just AOL, but AMZN, YHOO, EBAY,
IVIL, PCLN and everything else. They were all cut in
more than half, and many of them have never recovered.
In my humble opinion, unwarranted hype gets killed
the quickest. Guess what has been the hype of 2000?
And back to the recent AOL/TIME Warner deal...AOL
wasn't killed by the deal, but rather it was killed by
the brokerage houses that used the opportunity and
shorted the heck out of it when 150 million shares were
bought in two days, by "enthused investors" (average joe
blow). Guess what? Those "enthused investors" can push a
stock down very quickly and very far when the brokerage
houses decide to not let it go up any more (when they
short everything). Wake up pal, because when the
biotechs start to drop, you are going to be in denial with
your hyped $130 illusions, and ignore all of the
signals and watch your investment turn to a loss. Don't
let it happen. Gene has been great, but right now the
risk of going long in the recent price range is is not
worth the potential reward. You need buyers to move a
stock and with no buyers, you can not go up. That is
where Greenspan comes in. He scares away buyers,
especially on stocks that are up 1000% in two months. I am
happy with that gain. How much more can it go up as
opposed to going down? In my evaluation, there is not
much room for any more large outbreaks. In other words
the upward momentum has peak and the downward
momentum has already started. Today's charts and volume
indicate that point clearly. I am content with my profit
and will be content buying on the bottom as when it
comes again. $16 was the bottom a few days ago, so
considering that, $25 is quite generous and I would not be
suprised to see it, atleast below $30 for a short time.
That is just my honest opinion and its not a pleaseure
for me to see others that I have traded with miss out
on maximizing their profits. I seriously hope that
as Gene continues its decline, you take take your
profit before it turns to a loss. That's all. But if
$130 is a reality for you, so be it.
Revenues Up 140% in Fourth Quarter and 59% YTD;
Somnus Medical Technologies Reports Record Revenues and
Improved Operating Results for Fourth Quarter and 1999
BIOTECH, THOSE NUMBERS CAME OUT AFTER THE CLOSE TODAY!
hasn't run, coverage by JP Morgan(can you say upgrade).
IMO NEXT RUNNER IN THE BIOTECH SECTOR!
I give you
the picks. Just do your DD, varify and Thank me...
later fellow gene investors.