Rick,
You had to miss one. Otherwise the SEC was going to start investigating you for having inside information.<g>
I think GLIA has been caught in the recent downdraft with LIPO, CLTR, INCY... Any bad news, especially if management doesn't look forthright, draws an overreaction, and the shorts have an unaccustomed credibility. Good buying opportunity, IMO.
The movements in GENZ and IMCL last week, very similar to each other, are interesting. It may be that the shorts decided to attack bigger biotech game on apparent weakness, and got burned rather swiftly. Well that's too bad, but the good news is that the sector showed some real power, bouncing back with a fury.
Doc |
