TRCA was up over 20% Friday. If it's news, it's being priced in pretty slowly, as last news was Monday, and the big moves were Wednesday and Friday. Don't really follow it, but I understand the stock had been whacked recently on loosing some sort of ground to Insmed, which makes a similar product for the same population.
Say, Ian, I know of at least one other trade of yours that's going well so far. Good going! I, too, loaded a bit of biotech recently, and a bit too early. Chiefly AMGN, PDLI, ARNA, ENCY (my best timed purchase of the lot). Other positions that had calls written against them no longer do. Summer rally, please, for more than two days, this time? Pretty please, sugar on top?
Cheers, Tuck |