Saturday, October 13, 2007

Biogen Idec In Play

I sold Biomarin (Ticker: BMRN) on Friday @ $26.80 generating a net return of 6.43% in 6 days. Not bad for a weeks work, but what about the news from Biogen Idec (Ticker: BIIB)? Biogen Idec shot up over 17% in after hours after it put itself up for sale. Oh crap… I sold off a big chunk of Biogen Idec at ~ $55, but I still have a little left in my IRA. The Biogen Idec news is going to send the entire biotech sector up and up. You just have to wonder who’s next?


Post a Comment

<< Home