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Biotech / Medical : Biotech Valuation
CRSP 52.30-5.4%3:23 PM EST
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To: Biomaven who wrote (6579)6/14/2002 10:04:58 PM
From: tom pope  Read Replies (2) of 52153
 
Very hard to say what triggered the move - BTK was down as much as the rest of the market in the early going, but began its ramp about half an hour after the open - a 9% swing between the high and the low. We've had days like this before, the most recent being the move on 5/23 after the AC decision on Amevive, but this one came out of of nowhere.

Hope it means something. Probably not.

ELN was interesting, it didn't begin its move until 40 minutes before the close. Again I hope it means something. Needless to say, I'm long ELN.
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