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Biotech / Medical : Regeneron Pharmaceuticals
REGN 733.17-1.2%12:36 PM EST
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To: harkenman who wrote (56)3/24/1997 2:57:00 AM
From: Patrick Slevin   of 3559
 
Regeneron has managed to disappoint often enough that it may be a short-sellers dream. In the 5 years that I've watched the stock it never seems to be able to hold above 20. Twice it took FDA hits and got pounded. The natural trading range seems to be between 13 and 20 but I suppose it's still reeling from the FDA ruling over a month ago.

Further, I don't believe biotechs are market darlings right now.
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