Biotech Short Candidates Message Board

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Biotech / Medical : Biotech Short Candidates

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To: Biomaven who wrote (502)	5/12/2003 4:17:25 PM
From: tuck	Read Replies (1) of 897

BSCP portfolio taking a bit of a hit with this spring rally's unexpected strength. But summer is near, and this simply creates more opportunities, as biotechs have had a nice run. One that will likely give it back right now is QLTI (this came in just at the close): Message 18936965 This was supposed to be their next hope considering mediocre Visudyne sales, and the stock appears to have run in part on this. BSCP will try to jump in on the downdraft for a couple of bucks tomorrow, as this looks overbought: siliconinvestor.com Anyone see anything looking overextended out there? Not sure what to do with IDBE, which was added to the BTK. I'm guessing speculation of same contributed to its recent run, since the news hardly budged it. Tempted to get another position here, and in general to start shorting big time as summer approaches. Cheers, Tuck

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