Sold Flamel Technologies (FLML)
I sold my shares in Flamel Technologies (FLML), a
little biotech firm, yesterday at $18.99. I don't like owning companies I don't
understand. I made a small profit on it, since I bought it 4 months ago at
$17.50. I usually won't sell a position until it's made at least 50%, but I
never really felt good about
Flamel.
One of the companies I'm
optimistic about is WebZen (WZEN), an Asian game maker. They're down 20% since
I bought them, and I'm hoping they'll drop some more so I can add to my
holding.
My favorite Polish liquor
company, Central European Distributing (CEDC) is down 20% today. It's still up
over 700% for me, though I sold all but a smidgen as it was going up. I hope it
goes down another 20%; I'll get some more.
Filed Wed - May 25, 2005, 01:42 PM in
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