SQNM:  Closed out position in SQNM at 5.45 after 60% gain, because, without see the Down Syndrome third party validated results, was just too big to give up.  Nothing has changed with my opinion the DAY OF the SEC investigation annoucement:

http://johnwelshphd.tumblr.com/post/133261731/my-opinion-on-sqnm

However, get 60% before risking anything to see these results was an option I  had to take.  Looking for lower re-entry, and not expecting down syndrome results until Q4.

ARNA:  5k, 4.57.  Now that OREX has reported their results, going to hold on shares INTO BLOSSOM trial in September.  ARNA safety data better than OREX, and weight loss to placebo 4.9% compared to 5.0% OREX. 

What still bothers me regarding ARNA is raising secondary before blossom.  OREX had the confidence to wait until the last trial, why not ARNA?  Not going to add to this position on any dip, and still hard stop at 3.57.

LAVA:  No updates.  Still holding 15k from 1.33 with long term time frame.

CLDX:  Bought 2k starter in CLDX today at 7.60.  Was a star at this years ASCO for phase 2 brain cancer.  No time frame yet in this name, and waiting for it’s pending merger to close with CRGN before buying any other shares.  Hard stop 5.99, good till cancel.