Thursday, July 28, 2005

Quick Update

i was really disappointed with ELN's selloff this morning. it really could have gone either way i think.. traders like me had unreasonable expectations going into the earnings call, and we were presented with good but not extraordinary news. i wouldn't be surprised if there were a lot of new traders wondering "so... is this good news or bad news?". i'm just thankful that the stock didn't gap down, allowing me to get stopped out without too much damage. trading mid-day was characterized by doubt, as i saw both heavy sellers and heavy buyers line up on the level 2. i thought the news was pretty promising, but the problem is that elan has not yet made any material achievements in bringing tysabri back to the market. they have, however, thrown out the date september 21, a date that everyone should watch for. the stock closed near the low of the day, and i'm not sure if the selloff will push the stock back to the pre-earnings $7.20 level or not. for now, i only have a small position left in ELN, so i'll be on the sidelines looking out for any rumors and developments. anyway, i'm busy with midterms/tests right now, so i'll be back to update on sunday night with the usual charts.

30 Comments:

Anonymous Anonymous said...

My visit to your site, jwu, was the results of the cancer treatment search for information regarding the subject Quick Update. Even though some of the articles on the site may not support the cancer treatment project, I must say, it’s an informational and very interesting site and its content will benefit many. Thank you for reading my comment.

11/01/2005 07:23:00 AM  
Anonymous Anonymous said...

I’ve been researching the subject autoimmune disease and found your site to be resourceful. Although it may not be supporting my Quick Update project, it certainly does provide a fine service and got my attention while I was searching for autoimmune disease related information. With a fine site like this one and belonging to jwu, I’m sure you’ll achieve your goals. Thanks for reading this.

11/01/2005 07:28:00 AM  
Anonymous Anonymous said...

WOW! What a great site you have here, jwu. I found is from my search for autoimmune disease. In my opinion., is a cut above the others. Even though my research regarding Quick Update lead me here but match is not exact for Quick Update, the content is very beneficial and rewarding. Thank you for reading my comment here.

11/02/2005 03:56:00 PM  
Anonymous Anonymous said...

jwu, This site came up when I was doing my research on multiple sclerosis. Even though my search for multiple sclerosis information to support Quick Update may not end here, your site provides valuable content will certainly will perpetuate. Thanks for the read.

11/02/2005 04:00:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site emini futures. It's got lots of info on emini futures.

11/04/2005 08:43:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site emini future trading. It's got lots of info on emini future trading.

11/05/2005 04:18:00 AM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site day trading system. It's got lots of info on day trading system.

11/05/2005 06:09:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site emini trading method. It's got lots of info on emini trading method.

11/06/2005 08:58:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about emini day trading at emini day trading.

11/08/2005 10:46:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about stock day trading at stock day trading.

11/09/2005 01:57:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about day trading system at day trading system.

11/09/2005 07:21:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site emini futures. It's got lots of info on emini futures.

11/11/2005 06:54:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about day trading stock pick at day trading stock pick.

11/11/2005 06:40:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about elliott wave at elliott wave.

11/12/2005 08:58:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about day trading future at day trading future.

11/13/2005 03:36:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about stock market day trading at stock market day trading.

11/14/2005 12:01:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site stock day trading. It's got lots of info on stock day trading.

11/15/2005 09:25:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. Check out my site about day trading future at day trading future.

11/20/2005 07:06:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. Check out my site daytradingcourse. It's got lots of info on daytradingcourse.

11/20/2005 07:19:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. You may want to check out emini future. It's got lots of info on emini future.

11/21/2005 06:11:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about emini future at emini future.

11/21/2005 08:53:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about day trading at day trading.

11/22/2005 02:34:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about day trading system at day trading system.

11/22/2005 09:31:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about emini trading system at emini trading system.

11/23/2005 06:11:00 AM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about day trading course at day trading course.

11/23/2005 04:46:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about day trading at day trading.

11/23/2005 07:55:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. You may want to check out learn emini trading. It's got lots of info on learn emini trading.

11/24/2005 02:32:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. You may want to check out emini future. It's got lots of info on emini future.

11/24/2005 03:41:00 PM  
Anonymous Anonymous said...

Nice blog, jwu. There's an interesting site about emini future at emini future.

11/24/2005 10:45:00 PM  
Anonymous Anonymous said...

Hey jwu. Nice blog. You may want to check out day trading future. It's got lots of info on day trading future.

11/25/2005 12:02:00 AM  

Post a Comment

<< Home