PGNX approaches decision point

PGNX has a PDUFA date at the end of the week for its drug, Relistor. Today I closed 50% of my position at $10.72. I purchased the shares on Feb. 14th for $9.60 so I have seen a 12% return. I was late entering on this one. PGNX was at $5.20 on Nov. 28th when I started this record.

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2 thoughts on “PGNX approaches decision point

    • Hi David,

      Sorry about not replying to this – didn’t notice it until this afternoon. You are quite right – PGNX was delayed that day. I think I sold my 50% earlier in the day before the delay news hit at ~noon. Hope the markets are treating you well.

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