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Old 02-12-2021, 12:51 PM   #621
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Strange to see people buy into SGMO. I've been holding shares since my $7 call expired in Jan and I took the shares at the peak of $16. In hindsight I should have just closed out the position and pocketed the money. But thought it still had some good fundamentals so held. It started to recover just a few days ago and dropped again. I'm still ahead of the game but as I keep seeing the price drop, now down 20% YTD, I've considered pulling the plug and put the profit in my pocket. Buy y'all buying has me now FOMO so guess I'll keep holding
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Old 02-12-2021, 12:56 PM   #622
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Strange to see people buy into SGMO. I've been holding shares since my $7 call expired in Jan and I took the shares at the peak of $16. In hindsight I should have just closed out the position and pocketed the money. But thought it still had some good fundamentals so held. It started to recover just a few days ago and dropped again. I'm still ahead of the game but as I keep seeing the price drop, now down 20% YTD, I've considered pulling the plug and put the profit in my pocket. Buy y'all buying has me now FOMO so guess I'll keep holding
I don't see anything wrong with SGMO but of course I didn't see anything at all wrong with Merck but the market sure seems to.
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Old 02-12-2021, 01:07 PM   #623
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I don't see anything wrong with SGMO but of course I didn't see anything at all wrong with Merck but the market sure seems to.
Not so much anything wrong per se. But there are other opportunities that may have better returns. Comparatively, while both MRK and SGMO have underperformed the market this year, MRK has done better than SGMO. And then ITCI and VNDA have done really well, well above SGMO and the market.
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Old 02-12-2021, 01:15 PM   #624
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I also just bought back into SGMO.

What this is is FOMO. I figure if we hit a home run on VNDA and ITCI, SGMO must be next.
Don't forget about STML
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Old 02-12-2021, 01:16 PM   #625
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Digging back a little in time I see my first mention of Vanda on here when it was $9. I should listen to myself. We should have bought a lot more when it was $9 considering what the market cap was and that they were profitable.
I'm in for 1000 shares at $9.33
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Old 02-16-2021, 09:23 AM   #626
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RobinHood race from $2,500 to $250,000

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I like the idea that BLUE will take off but it sure hasn't.



I am holding 20 calls at $55 strike for August 2021 expiration in case they get approved in March but it could end up being a dud at least for this year.



It has traded in the $200 range awhile back. I am just looking for $75

Glad I haven’t dipped my toe yet. Down 32% today. I guess on lawsuit news. Maybe now’s the time to bite, but think I’ll just watch for a while
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Old 02-16-2021, 09:39 AM   #627
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Glad I haven’t dipped my toe yet. Down 32% today. I guess on lawsuit news. Maybe now’s the time to bite, but think I’ll just watch for a while
Well that was a surprise

One of the few times my slow to act investing paid off, usually I'm last to the party.
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Old 03-02-2021, 06:41 AM   #628
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I don't see anything wrong with SGMO but of course I didn't see anything at all wrong with Merck but the market sure seems to.
I’m hoping the MRK news bodes well for our June options. https://finance.yahoo.com/news/1-merck-help-johnson-johnsons-131651792.html

I’m thinking of selling if those calls turn back to profit. Anyone else? Or will you hold longer?
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Old 03-02-2021, 07:51 AM   #629
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I’m hoping the MRK news bodes well for our June options. https://finance.yahoo.com/news/1-mer...131651792.html

I’m thinking of selling if those calls turn back to profit. Anyone else? Or will you hold longer?
Some good news, but not sure that's enough to really move the needle. Kind of how it worked with Pfizer, they were first to market and yet share price only moved downward as PFE is just so large that the $$ from vaccine isn't significant enough to the bottom line. Unclear as to what $$ MRK gets from this, but doubt it's enough to really show up in the bottom line. Could be wrong.
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Old 03-05-2021, 07:55 AM   #630
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So not comfortable with Options, but I have just been buying a few shares in various companies that seem to move up and down. I have been putting my Limit orders with a 10% gain. I was thinking that may be too high of an expectation for short-term gains. Should I decrease my expectations? It isn't a huge amount. I'm normally a broad market ETF, buy-and-hold kind of guy.


cd :O)
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Old 03-07-2021, 06:08 PM   #631
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Some maybe Gamestop type stuff going on with CLSN. I just found out about the messages today but was trading it Friday.

I bought 10,000 shares at $1.40 and sold 5000 at $1.70 same day, here is hoping they Gamestop this one on Monday and push it to $10
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Old 03-07-2021, 10:33 PM   #632
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Some maybe Gamestop type stuff going on with CLSN. I just found out about the messages today but was trading it Friday.

I bought 10,000 shares at $1.40 and sold 5000 at $1.70 same day, here is hoping they Gamestop this one on Monday and push it to $10
If it does, it will blow past my covered call
That is when winning will feel like losing
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Old 03-27-2021, 09:16 AM   #633
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BLUE gained approval late Friday for MM, should go from $30 to at least $40 IMO, higher when the (unfair) hold is removed on their other drugs since it was proven to not be the cause of cancer.
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Old 03-27-2021, 12:21 PM   #634
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BLUE gained approval late Friday for MM, should go from $30 to at least $40 IMO, higher when the (unfair) hold is removed on their other drugs since it was proven to not be the cause of cancer.
It’ll be fun to watch! I see your CLSN popped after you posted, also. Hope you got out at one of the peaks!
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Old 03-29-2021, 07:18 AM   #635
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BLUE gained approval late Friday for MM, should go from $30 to at least $40 IMO, higher when the (unfair) hold is removed on their other drugs since it was proven to not be the cause of cancer.
I dropped my hook in the water last week on HGEN, heard some rumblings, but nothing I felt worth sharing with the masses. Bought a few shares and sold some puts. Pre-market has a pop on news this morning of Phase 3 testing for Covid treatment. It may have some room left to move up as well.

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Trial results showed that patients who received lenzilumab and other treatments, including steroids and/or remdesivir, had a 54% greater relative likelihood of survival without the need for IMV compared with patients receiving placebo and other treatments.Study results demonstrate that lenzilumab significantly improved patient outcomes. The study achieved its primary endpoint of ventilator-free survival measured through day 28 following treatment (HR: 1.54; 95%CI: 1.03-2.33, p=0.0365). Ventilator-free survival is a validated and reliable measure used in studies that evaluate respiratory distress.
Gonna put a hook out on Blue too. Thanks for sharing.
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Old 03-29-2021, 02:02 PM   #636
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BLUE gained approval late Friday for MM, should go from $30 to at least $40 IMO, higher when the (unfair) hold is removed on their other drugs since it was proven to not be the cause of cancer.
In on BLUE.

(Small bet on CLSN, too...)
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Old 03-30-2021, 12:48 PM   #637
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I want to play please. Does it have to be in a IRA? I don't know if I have cap space in my IRA to do this...Is everyone using Robinhood? Or can we do it anywhere?
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Old 03-30-2021, 01:12 PM   #638
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I dropped my hook in the water last week on HGEN, heard some rumblings, but nothing I felt worth sharing with the masses. Bought a few shares and sold some puts. Pre-market has a pop on news this morning of Phase 3 testing for Covid treatment. It may have some room left to move up as well.
HGEN took advantage of the pop with the positive 3rd phase results and issued new shares, about 10% dilution. Stock retreated from it's initial pop but still up from Monday's open. Up about 4% for today even with the issuing the new shares.

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Gonna put a hook out on Blue too. Thanks for sharing.
This ones retreated (down 6% today), may be good entry point now for those that want to hold.
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Old 03-30-2021, 10:30 PM   #639
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I want to play please. Does it have to be in a IRA? I don't know if I have cap space in my IRA to do this...Is everyone using Robinhood? Or can we do it anywhere?
Every place has it's own benefits and pain.

IRA/Roth is good because if you make money, there is no tax complication of short term vs long term. Losing money really hurts here.

Regular brokerage account is good because if you lose money, you can claim the loss to offset other income. If you make money, you have to share the gain with the taxman.
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Old 03-31-2021, 09:43 AM   #640
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In on BLUE.

(Small bet on CLSN, too...)
It is a tough market. BLUE didn't stay up very long and now is around $29 to $30. I guess the hold really needs to be removed for it to move up but the FDA is slow as heck nowadays.

CLSN did yet another offering today for 11 million shares at $1.3 which is just two months after doing a $35 million dollar offering. What the heck?

If you put a hypodermic to my head and forced me to choose something, I guess it would be VANDA at sub $15. With 2021 year end cash projected to be $400 million, positive growing revenue, and only a $800 million market cap, it still looks like the real long term winner.
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