My Million Dollar Goal - 2nd June 2008
Monday, June 2nd, 2008I want to play it risky. I got my eyes on Trubion Pharmaceuticals Inc, TRBN. The stock is trading around its 52-week low ( $5.xx ) all the way down from $21.51!
I don’t like risky biotech stocks, since you can’t really reasearch them. It goes very well, they either get a approval/contract or it goes down the toilet. I like the heavy insider ownership and the huge amount of shares short. That’s enough for me to take a tiny position just to see what happens. I was thinking about investing something around $500 ( yes, I know ) in TRBN.
Status:
Net Worth: Slightly below $17000
Holdings:
703 shares of RBY
1094 shares of UXG
