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Sunday, November 23, 2008

ISIS - Short



SHORT - Isis Pharmaceutical - ISIS - We might be a little late to the party, but if this runs up to backtest, $11.00 - $11.50 is a good range to short. Technicals are really ugly, but a true backtest would be about $13, so there is a risk/reward concern here based on current & target price. TARGET PRICE $7.50

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