CRGN

CuraGen Corp. (Nasdaq: CRGN)

I’m back in this one with a current avg of 1.28.

Edit 10/26 position closed.

+14.21%

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21 Responses to “CRGN”

  1. ThatStockGuy says:

    So far not a bad day for CRGN. I would like to see 1.37 or better close but 1.35 is ok. I would like to see some news out on this one.

  2. Andrew says:

    It rocks today :-)

  3. ThatStockGuy says:

    Come on CRGN strong close! HOD please

  4. ThatStockGuy says:

    Not exactly the close I wanted but it works. Looking at a weekly chart it looks decent, ADX rolling over either parks at 13 or they give it a blast. If not always next week.
    http://stockcharts.com/h-sc/ui?s=CRGN&p=W&yr=1&mn=3&dy=0&id=p21054885645

  5. ThatStockGuy says:

    Def. didn’t expect this. Will be watching to see if it can hold ummm say 1.41 if not I’ll book gains and watch for re-entry

  6. ThatStockGuy says:

    Well now at 1.38 x 1.39 looks like I got greedy on this one. Someone just dumped it to 1.36 I can’t see selling this low, I believe the upward trend is right there. I’m on the fence right now.

  7. ThatStockGuy says:

    I’m glad I walked away… Seems to be doing OK now.

    9/5 to 9/28 off the lows = trendline

  8. ThatStockGuy says:

    Sold 1/2 at 1.40 from 1.28 9.37% not sure whats going on with the blocks as this thing slides down. When in doubt I back off a tad.

  9. ThatStockGuy says:

    What a hair cut!

    Something sure didn’t seem right a few days ago

  10. ThatStockGuy says:

    I still have 1/2 of this thing. Had I been around this morning when the news hit I would have exited but down here I’m going to let it age. Company has a lot of cash and has I believe an event in 2 weeks.

  11. ThatStockGuy says:

    I bought more of this at .98 and .99 I’ll post my avg in a few.

    Article just published in Journal of medicine says “Conclusion-

    Our data demonstrate that belinostat inhibits bladder cancer and supports the clinical evaluation of belinostat for the treatment of patients with superficial bladder cancer.”

    CRGN presenting at the International Cancer Conference Monday. This may be the news that comes out and if it is it should get some nice headlines!
    http://www.translational-medicine.com/content/5/1/49

  12. ThatStockGuy says:

    Well I’m averaged in at 1.135 I bought back what I sold before it dumped. Hopefully if things go to plan I’ll be out Monday(pop on possible news), if not I’ll see how it goes. Trading action since the drop has been interesting. They walk it down and someone quickly comes in to take it all. One or more funds that recently opened a position last Q are probably averaging down. CRGN is at / near all time lows. They have a lot of cash w/ convertible debt. More times then not when a market rolls over Bio’s usually do OK

  13. Andrew says:

    Just got in at 0.93. The stock looked cheap considered with low-ish Volume. Where is the news we are waiting for?

  14. ThatStockGuy says:

    “Where is the news we are waiting for?”

    You mean this news :)

    http://biz.yahoo.com/prnews/071024/new082.html?.v=23

    CuraGen Announces Presentation of Phase I Dose-Escalation Results on CR011- vcMMAE for Metastatic Melanoma
    Wednesday October 24, 4:05 pm ET
    - Initial clinical trial results suggesting safety and clinical activity of CR011-vcMMAE reported at the AACR-NCI-EORTC International Conference -

  15. Andrew says:

    You are scaring me :-).
    Let’s have a nice pop now.

  16. Andrew says:

    I have never done it before. I just scalped it before the bell at 0.98.

  17. ThatStockGuy says:

    More news,
    http://biz.yahoo.com/prnews/071025/neth094.html?.v=21

    CuraGen and TopoTarget Announce Presentation of Belinostat Clinical Trial Results at AACR-NCI-EORTC International Conference
    Thursday October 25, 4:00 pm ET
    - Significant anti-tumor activity of combination IV belinostat in ovarian cancer reported -
    - Oral belinostat demonstrated to be safe and well-tolerated in Phase I -
    - Presentation of results from two NCI-sponsored clinical trials -
    - CuraGen to provide a clinical update conference call today at 5:00 p.m. Eastern Time -

  18. ThatStockGuy says:

    That’s the news I’ve been waiting for….
    belinostat

    from post 11

  19. ThatStockGuy says:

    Position closed 1.19 +4.84%

  20. Andrew says:

    That was a nicely controlled recovery on your part. Did I miss anything :-)?

  21. ThatStockGuy says:

    I see I we both left a good percentage on the table

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