Just looking through the wreckage to see what I can see.
Around the minus 25% bracket, I see
SQNM, EXEL, JAZZ, SGXP, MYGN, MEDX,
INFI, ORXE, CRGN, ANDS, VRTX, TRBN
Expand that out to cover stuff down as much as 2/3rds
and you pick up
ARIA, CALP, ANDS, RNVS, SGEN, ARQL, ZGEN,
GERN, DCGN, HGSI, ARRY, TGEN, VNDA, NBIX, KOSN
There are very few companies that I am familiar
with that are up, here they are:
RIGL, IDIX, MNTA, CRIS, ILMN
So, you can see, even throwing darts at lists of companies
that I know to some degree is a disaster--the market
has slaughtered biotech, a dartboard portfolio is probably
off 25% in the past three months.
fwiw, there are some names that are not off too much
in the 0 to -25% bracket I recognize
HLCS, CEGE, GENZ, CRXX, MLNM, AMRI, AFFX,
SGMO, PCOP, LGND, EXEL, JAZZ
No point to this, I'm just poking around. I am somewhat
familiar with only about 10% of the biotechs on that
long list--those ten percent are listed in this post
to remind myself to check them periodically.
And of course if the market happened to tank, maybe
I'd try and buy a 1000 shares of each of my ten favorites
--if only for a trade on a day with panic and ultra low
prices. Then of course if the panic lasts two days
at least I know what I'm stuck with. If the market
rallied from there, I'd be in great shape.
But, if I put the 100k right back into a CD
(gosh rates suck) maybe that will be fine too. |
