SCLN

[kekec]

4.50 target hit. this is the time to sell half of your position and ride the second half as it goes.  i set a stop on my other half at 4.35

nice trade guys.

p.s. i posted a new one earlier today. hope someone bought it with me symbol GEOI

[Pete]

Nice pick Kekec. Got in at 4.10 and out at 4.50. Thanks!!! Keep'm coming.
Applaud.

[David Randolph]

I've just applauded you Kekec, extraordinary pick 

Another 16% today. I'm not buying now, trying to find something in the beginning of it's uptrend.

[catrader]

scln- right now about $4.63, it has gone up quite a bit yesterday and today.  There might be some buyout rumors and they have some hepatitus drugs on late stage III trials.  And there are some buyout rumors, so seing what's others take on this, still have momentum?

[catrader]

just realized there is another scln thread.  Should i remove this one, or can these posts be moved under there?  Nice pick kekec, should have seen it.

[kekec]

this rumors came from lisbon, portugal. im trading long enough to know that eveytime theres a rumor/offer from portugal you can not take it seriously. its easy to open an offshore shell company in portugal and start this kind of speculation. stock moved partly because of this rumors, but all big traders know whats going on. it was a good trade though.

[catrader]

so are you still long on the stock kekec?  Considered options on this?  like for the sept 2.5 call options have gone up 20%+ from yesterday to today.

[kekec]

I sold  3/4 of my SCLN so far. my average was 3.55 I sold half at 4.56 and 1/4 at 4.61. for the remaining 1/4 my stop is at 4.35.

[JMoney]

I just got screwed. Read the article. Giving up it's gains today in AH.

Link: http://biz.yahoo.com/cbsmb/050609/b175103c654249b5b2b400d55a02341a.html?.v=1

[Pete]

That sucks!!! Glad I got out at 4.50. Hope it works out for you still.
Hang in there.

[catrader]

at current price of about $4.13 is it attractive?  I think it can be considering the pipeline of products they have available.

[law2702]

Hi kekec,

whats your view for this stock as it take a tumble "SciClone shoots down takeover rumor, shares fall"

[kekec]

law2702,

nothing much after company released the news. u t should slowly go down to $3.50 area over this week. there are many better plays out there waiting for us. SCLN was just another momo/rumor play for me.

[AussieTrader]

SCLN was the subject of a scam takeover 'rumour' as was BCGI. See Ramsburh comment and link after BCGI 'news' came out.
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Your reply to this post was deleted, because the link was not from any news source, and it was probably the same sceme used on SCLN:
http://biz.yahoo.com/iw/050609/088491.html
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Mike

[catrader]

heading back up?