FLML

NOTE: This blog is NOT a recommendation to buy or sell. I am simply journaling what I do and how I feel about the markets. I am taking a long position in FLML 9.50. The market is getting hammered and biotechs have shown some strength from the JPM healthcare conference. The weekly bollinger bands are extremely yight which is indicating a break one way that is sustainable for a swing. The stock is showing some recent relative strngth to the overall market and their partner(Glaxo) is suspose to be stepping up its marketing of Coreg CR. I think some good things are on the horizon for FLML