Cramer now BEARISH on MLNM???

cnelson · 08-25-2005, 06:34 PM

Missed the shows yesterday, but noticed in the recap that Cramer has turned Bearish on MLNM (Millineum Pharm.) after liking it for quite some time. Anyone remember his comments about this once favorable pick?

Onslow · 08-28-2005, 11:06 AM

Yes ... I also held MLNM and sold it this week at 10. Not so bad since I only held it a couple of months and my cost basis was around 9.25. Cramer seems to not be big on it anymore. I also held AMLN ... sold half this week, and it is still looking good.

optimus25 · 08-29-2005, 12:16 PM

I'm surprised to hear that about MLNM too. You could have made money on any of the Biotech names during the small July rally in Biotech. I'm not suprised Cramer decided to turn bearish on MLNM since it really hasn't done anything for the past couple of weeks except to trend downwards.

08-25-2005, 06:34 PM	#1
cnelson valued contributor Join Date: Aug 2005 Posts: 164	Cramer now BEARISH on MLNM??? Missed the shows yesterday, but noticed in the recap that Cramer has turned Bearish on MLNM (Millineum Pharm.) after liking it for quite some time. Anyone remember his comments about this once favorable pick?

08-29-2005, 12:16 PM	#3
optimus25 forum leader Join Date: Aug 2005 Location: Orange County, CA Posts: 1,801	I'm surprised to hear that about MLNM too. You could have made money on any of the Biotech names during the small July rally in Biotech. I'm not suprised Cramer decided to turn bearish on MLNM since it really hasn't done anything for the past couple of weeks except to trend downwards. __________________ "Face your deficiencies and acknowledge them. But do not let them master you." Helen Keller "The man who can drive himself further once the effort gets painful is the man who will win." Roger Bannister My online trading Journal: http://stockmarketaddict.blogspot.com

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08-28-2005, 11:06 AM	#2
Onslow new member Join Date: Aug 2005 Posts: 1	Yes ... I also held MLNM and sold it this week at 10. Not so bad since I only held it a couple of months and my cost basis was around 9.25. Cramer seems to not be big on it anymore. I also held AMLN ... sold half this week, and it is still looking good.