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Biotech / Medical : Biotech for less than a buck.

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To: LLCF who wrote (153)11/8/1999 11:30:00 PM
From: RWReeves  Read Replies (2) of 743
 
If you thought they were going lower wouldn't you sell or hedge your current position? I know these are sins, but I sold much of my ARIA around 2.12 and GLIA at 10.25 in anticipation of being able to buy it back cheaper, which I (luckily) got.

Why would you take the loss square long if you thought it was coming?

RWR
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