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Cyclacel Pharmaceuticals, Inc. Message Board

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  • iceman3223ice iceman3223ice Dec 6, 2012 5:00 PM Flag

    I am a new CYCC bagholder!!!

    This drop was predictable given the recent quick rise. But with the possibilities here of a successful drug or a buyout, while high risk, this is clearly also high reward. Today was just a blip on where we might be in a year. I so expected this drop that I sold all of my shares (7500) at about 7.70 and bought back today at 7.01). Can't say I am surprised that it went down signficantly more, but I simply did not want to be caught with my pants down if Sunday's news is better than expected or if there is notice of a buyout by Celg or a settlement worth tens of millions. Any of these possibilities, and we are above ten.

4.87-0.06(-1.22%)Jul 28 3:59 PMEDT