Tuesday, February 02, 2010
Solid Day
I guess my 20 loyal readers must have heard my complaints about RTN, up a snappy 3% today. SHE, that "moody" Chinese stock was up 14%. Good thing I have gone to the law of large numbers for my stocks, I was distressed at a release by TRMS (Trimeris Reports Fourth Quarter 2009 FUZEON® Sales Results). Sales were down 37% YoY and 14% QoQ, not exactly the direction I was looking for. Again, when I bought TRMS I knew sales were decreasing, but the idea was that they're getting a 50m payment and are cash rich and making money. I am still looking for a dividend announcement at some time... that being said, I am second guessing my purchase (though I saw today they hit the top 30 list).
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