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Biotech / Medical : Biotech Short Candidates
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To: tuck who wrote (285)12/21/2002 12:01:55 AM
From: Spekulatius  Read Replies (1) of 897
 
Thanks for the acknowledgment, Tuck. I also feel that 03 will be a better year for the biotech investor and much worse for the biotech short :-).
Sadly, I never have shorted a biotech company in my PA. I have only been long biotech's so far and this year was the first time I left a significant amount of money on the table doing so.
Noevertheless having a biotech short portfolio is and interesting and possibly profitable exercise. Due to the dicciculty of valueing biotech companies, detecting overvalued companies as well as "BS" (a la Rick Harmon) is as important and eductational as finding the "diamond in the rough 10 bagger" kind of company in times like this.

So i hope we all will have a profitable Y03 and many thanks to Tuck, the eye of beholder for this thread!
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