HGSI could pop

I like the way it's holding up in this crap market. On my watch list.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2259574

 

Pump 'N' Dump

 

Nice little run up. So far so good. Taking some profit, holding a core position.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2262733

 

Some nice action going on here.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2262773

 

Still rockin' with HGSI
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2293220

 

Coiling for the next thrust up.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2302046

 

I like your thinking on this stock. I might buy some closer to the support level if I can.

Do you have any recommendations on a good buy in point?

 

I have been in HGSI over 6 years. Kicking myself for not loading up.

Benlysta works, know people who have been taking it over 3 years (involved in 1st trials at JHU).

Personally think that HGSI should not sell, but if they do, it will be for more than the $30 GSK buyout rumor. Guess it would be closer to $45 - $50 given that benlysta alone is $25k/year with probably close to 1 million targeted but expect it will be slow to gain sales due to the cost.

Seems to be the biotech era.

 

high prices imo

 

I got hurt today on it. bought before the dip.