Oh ye of little faith and much cash.
VPHM is not for bottomfishing. It is for buy and hold with multiples in mind. Multiples. Don't get me started here.
GNLB, Well, as I said this is an odd duck. Lord knows lots of cash has gone through their pipeline over the years. The Lupus drug, yes, well it isn't a magic bullet but at the moment there isn't a lot for advanced SLE in any case. GNLB's stuff just has a little better profile than the control, just like PEG-ylated EPO n' stuff, better pharmacokinetics, adds some value, enough for me. In truth, I never liked GNLB much as a company, but I like it enough at 3-4 bucks and this drug to put some money in.
Overall, my cash position is pretty low, been buying into the better values. Lots of stuff off substantially, fortunately, mostly not what I am in. Need some of my arb positions to clear so I can run loose with the bucks.
Close those deals, guys.
Thanks in advance.
RWR |
