Impatience took the best of me. On August 18 '09 I chose to let go of Salix Pharmaceuticals Ltd. (SLXP) at 12.93 after a very dull and fruitless 20 months.
Sold SLPX one month too soon. Today after good news on clinical trials the stock shot up 6.77 (+50.6%) to 20.15, an incredible run... Bummers!
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Showing posts with label SLXP. Show all posts
Showing posts with label SLXP. Show all posts
Monday, September 14, 2009
Tuesday, August 18, 2009
Time to Drop SLXP
On 12/12/07 I wrote about Salix Pharmaceuticals, Inc. (SLXP) purchased at 11.89; since then, we have seen nothing but red. Held on to it for over 20 months. I think it is time to let it go.
Trading today at 12.93 (an 8.75% gain) may be a good time to unload.
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Trading today at 12.93 (an 8.75% gain) may be a good time to unload.
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