Bough ONXX

whodi · #1 07-09-2007, 10:03 AM

bought 5,000 shares a little while ago at 27.71, which brings my average position from 29.06 to 28.38. I now currently own 10,000 shares

Goods · #2 07-09-2007, 01:27 PM

Any thoughts on if ONXX closes under $27.73 today?

whodi · #3 07-09-2007, 01:37 PM

I still like it. Thats why I added another 5,000 shares today. I think a lot of traders will see the break over the 27.73 levels bullish and could start entering in on it the rest of the week. My stop loss is under 26.50 but I would be shocked if it dropped bearing the market just presses the stock down. I think it will close over 27.80. Wouldn't be surprised to see a run back at 28 before the close. No reason for a sell off at the way its been trading the last few weeks.

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