XOMA - Sector: Healthcare - Industry: Biotechnology & Drugs

[tradinoncoffee]

Open buy order at 1.80 hit today for an initial position.  Placed another at 1.55 as technically a test back to that level is possible prior to resumption of the new uptrend.  Stop loss for entire position will be 1.40.  Will also add on continuation above 2.00.  Will partial out at 3.00 if and when.  That is my trading plan...any thoughts?  TIA

My chart:
http://charts.dacharts.com/2005-06-14/TOC11.png

[eliteG]

tradinoncoffee  I applauded you for the chart.. It is a work of art 

I don't know about your XOMA play though.  As stated in the stock picking section, I believe it will take a while to bust 2, or volume.  But wish you luck on this play.

Lookin forward to more artwork 

[Weightlifter]

Im amazed with the lack of basic trading knowledge among 1200 members here. Some of the guys are totaly clueless of whats going on, but thats ok, it makes the stock market what it is today, so some of the other guys can make the easy money.

XOMA was technically set to advance. If all of you noobs who bought it premarket just because it was another 3stocks call would maybe wait to get a clear buy signal this would probably move a lot better. If its moved few cents from your entry theres no need for panic just yet. Hope you all realize its at $2.00, while on 1st April 2005, which btw was just 50 trading days ago was at $1.00. Now if the stock is moving few cents theres no need to ask questions of whats going on, just set your stops to reasonable price and wait. In meantime I suggest you visit a bookstore and learn yourself some basics.

kekec,maybe some of the ppl that are new to trading come here to learn.dont criticize any "n00bs" you were new to this at one time yourself.Your time would be better spent in posting your "amazing buys " that are superior to all other traders on the planet.

[David Randolph]

I really don't feel like it, but I have to sell something today in order to buy my three stocks on fire for today (I don't leverage my account - don't need additional risk).

When I have to sell I always sell the losers in my portfolio. That's a hard thing to do, but after many years and many books read I know that's the right attitude globally, although it might be wrong in some case or another. Perhaps I'll be wrong in selling XOMA today, but I said it had to go up yesterday and it didn't. XOMA unfortunately failed to cross the $1.94-$2.00 resistance zone and perhaps now people will be giving up the stock for the short term.

I'm selling at the open to buy more short term promising stocks, I wish good luck to the holders of the XOMA.

[David Randolph]

Sold XOMA @$1.84

[Dark]

HOTDAM!  $1.89 now were rolling. 200d gonna bust you up!

[AussieTrader]

David sold XOMA and I fully understand why, but I am giving it a little more room and time. It needs to take out resistance at the 200ema, right now it is in a continuation flag pattern which is bullish and I am looking for it to resolve out that flag through the resistance. I am trailing the 9ema with a tight stop in case it decides to fall out of the flag.
Mike

[smeyers2]

Hi Everyone...

My outlook is probably a little longer than some of you... I am also giving XOMA a little room. Have a Great Weekend All !

Steve

[seadog]

will be high this tuesday.

[atalltexan]

Hope your right.  I am down 10% at this point on the stock.  Will hang in a couple more days.

[Tirebldr]

Xoma - 20 by end of 2006
06/17/05 12:07 pm

slow & steady climb will start early next year on positive annoucements with current trials. patient investors will be rewarded.
***************************************************************
The talking heads at CNBC said that Power Lunch would be at the BioConference starting Monday....the place Xoma and dozens of other biotechs will be presenting. They also mentioned that Jack Welch said the place to invest now for big returns is biotech.

Who knows with all the rumors posted here(mainly by daytraders) maybe we will see a press release from Xoma Monday, the first day of the conference, in an attempt to get some attention.

[Dark]

Wham Bam Thankyou Mam!   200day TKO

On to the next one.

[mek]

http://www.stockhouse.com/news/news.asp?newsid=2810849&tick=XOMA

[Daves place]

BERKELEY, Calif.--(BUSINESS WIRE)--June 17, 2005--XOMA Ltd. (Nasdaq:XOMA - News) today announced that it has granted Merck & Co., Inc. (Merck) a non-exclusive, worldwide license for XOMA's antibody-related intellectual property. Under the agreement, Merck receives a license to use XOMA's bacterial cell expression intellectual property for phage display with potential use in the discovery of antibody products.

[Daves place]

OK... you chart readers..... what does the week coming have in store. It doesn't make sense that we had such a great spike but it quickly fell away. What's up?