HGSI - Human Genome Sciences, Inc - Page 10

Starter position here... may add...

g

when their earning report come out?

I don't care about earnings... it is the 150M payment for Abthrax that I am expecting, plus this has had a breakout of 1, and went to 1.55... this had the appropriate retrace to 1.20 or so, and so downside is less than upside, imo...

if you look over the past week, this has had quick runs of 20c within 10-30 mins... so that is possible too...

g

well, I bought 1 small position yesterday at 1.18, I'm thinking to add more and sell around 2. Dont know what you thought.

Alright, long 53K at 1.255 or so average...

it is just a matter of time before the 150M payment comes from the government... will it be tomorrow? this week? doesn't matter...

when it happens, I am pretty sure it will be accompanied with a PR saying that the government will be making more orders (I believe, like monoclonal antibodies, Abthrax has a shelf life of 1-2 years).

I'd expect a spike up to near 2 on news of the 150M payment, as the current market cap is just slightly more than 150M itself...

Plus there really hasn't been news for 3 weeks... HGSI is pretty good about releasing news every week or 2...

finally, the spike on no news (at end of day) a few days back was rumored to be caused by the receipt of the 150M payment... probably just a rumor, but all I can say is that 2.5M shares getting bought up in 10 mins is not something to sneeze at...

http://messages.finance.yahoo.com/St...=3&frt=2#73411

will add more tomorrow when it dips

well, you can probably wait a week or two... may go back to 1.00$... I'm just adding here because I think the odds favor the upside, but I have been wrong in the past, certainly...

actually, scratch that... 1.05 is probably safer than 1.00...

g

news...

http://ca.news.finance.yahoo.com/s/2...r-results.html

Well, well, well...

Monday should be interesting... I was expecting something to come out of this weekend's EASL meeting...

http://finance.yahoo.com/news/Human-...2616.html?.v=1

Now they need the 150M Abthrax payment news... maybe they do it at conference on wednesday morning...

g

Anybody else long?

seems like I'm just going to continue posting to myself...

g

For those of you playing at home, I posted my rationale for the HGSI trade on the Yahoo Finance MB:

Caveat: Since I am a trader, it is very difficult to just sit on my hands and not sell my HGSI, so I can't say when I am going to sell... it could even be as early as tomorrow, but I must say that I think that isn't the right thing to do...

*****************************
What is important is that the HGSI selloff coincided to the exact DAY of the low of the markets... 6440... March 9th...

This is important because you have to consider the mentality of the investing world on March 9th... everyone was selling everything... any news that wasn't 100% perfect was considered as a failure...

People saw the SVR with Albuferon being slightly less than with PEG, and sold off HGSI, despite the fact that this was a NON-INFERIORITY comparison, and statistically speaking, Albuferon was NON INFERIOR to PEG.

So it was statistically EQUIVALENT to PEG, yet it only has to be given half as much...

Yet people overlooked all of that, and sold off HGSI...

Now that we have alot of positivity in the markets, the exact SAME PR would probably cause a much better response, as people are willing to buy biotechs, and HGSI, for the longterm, and are able to look further ahead than 1-2 trading days...

So this PR that was released should cause a nice rise in the PPS as investors are reminded "hey, HGSI has a real product that had a SUCCESSFUL phase 3" in addition to all the other positive things that can come out about HGSI.

IMO, HGSI will almost certainly hit 3$ sometime this year, likely 5$. And to sell on Monday is really kind of silly...

g

fwiw, I did post on the NVAX thread that I think NVAX offers alot more upside this week, but HGSI is the safer play...

g

do you have a position in HGSI already, gambler? or are you planning to enter on monday morning at 9:30am? would you recommend to buy options as it is also available for this stock?

As I posted on the previous page, I hold 53000 shares at 1.255, which I bought late last week, because I was pretty sure something good would come out from the EASL meeting... I bought on the classic pullback from the breakout (1 to 1.55, then retrace about 2/3 to 1.16) but I did buy a bit late at 1.25 instead of ~1.20... oh well...

I should have held my MGM or switched to LVS for the 2nd half of last week, and then bought HGSI on friday, but hindsight is 20-20, I guess...

I don't hold any NVAX shares, and don't plan to...

to be quite honest, I think that NVAX is much more risky, yet, is going to run more this week...

I am pretty sure HGSI hits 3$ this year, a potential 130% profit from these levels (1.30)

However, I think that NVAX will likely hit 4$ this week, as swine flu hype continues...

that being said, despite the fact that I am only in HGSI, I think that NVAX offers more upside this week... and if I were not working on monday, I would actually buy NVAX at the open, likely 2.50-2.70, and hold for 4 later this week...

I don't know anything about options, can't help you there.

g

deep pull back

Wrong thread...

In 100k shares at 1.49








paper trading lol

lol..you da man

Honestly, I think this stock can go higher than 2 this week, but I dont have that much money. I just trade a little bit.

Id buy some of this if I had settled funds