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Array BioPharma Inc. Message Board

  • wallstrsmart wallstrsmart Nov 4, 2013 1:55 PM Flag

    To Mr. Burnaka - Thank you!

    To give credit where it is due, I am writing to thank you for bringing ARRY to my attention! I first learned about ARRY from one of your posts on the OPK MB and started researching the Firm. My excitement is not about a daily gain of 7%! It is more about learning about such an interesting opportunity in the right time. And I am sure there are others on the OPKO board who wanted to express their gratitude.I was fortunate to follow your prediction of weakness on the day of the earning announcement and started my position at sub 5. Worry not, if it goes down, you will not be blamed. Thank you.

    Sentiment: Buy

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    • Burn

      We are doing well with array. In it for long haul but it nice to be this far ahead so early in the game.


    • burnaka Nov 4, 2013 2:37 PM Flag

      Thanks, If you read my posts about arry here I am not sure much goes on for a while, but I do think in 18-24 months this outshines opk. It may go nowhere for quite a while, dip back to 4's or even high 3's no way any one can know. I am sure you had a couple weeks to look it over waiting for earnings as I did so I have to believe you liked what you saw. My 1st buy was in the 5.64-5.84 range, forget right now, but only a few hundred, my next buy average 4.90, avg cost 5.08. I do not trade in and out so I want it to dip below 5.08 to double my current position. If not I will add higher, just not quite double. Anyone who bought based on my opko post got in cheaper than I did, lol. Patience here is key, in two years it could be flat in this 4-6 range, but my " Gut and Darts method " says it mirrors Isis and runs to near 30.

      • 1 Reply to burnaka
      • Absolutely. I too do not trade in and out of stocks. I tend to hold stocks for a minimum of 2 years. I did go ahead and bought a chunk on the day of the earning announcement. I have this bad habit of going in all at once and not waiting patiently to build positions in tranches. Sometimes it works but most of the times, it does not!

        I wish I am as patient as Drangles who appears to have even a much longer time horizon!

        This MB is a blessing compared to OPKO! This is why I started the private yahoo group, but so far the level of activity is not as much as I wanted or expected.

        Thank you again and keep the great posts coming.

        Sentiment: Buy

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