Rick...much being off topic,
Think we'll know when or if the us is to get involved in a military fashion with Iraq based on when the Clintons have cleared their money out of stocks or shorted a few, much as Hilary did with pharmaceuticals years back just in time to go after the pharmaceutical industry and knock back their prices? Scary thought, but who knows where paranoia truly begins?
Meanwhile, it looks like ATIS far from the only biotech, or tech for that matter, to have suffered as of late. Most of the smallto medium sized biotechs seemed to have dropped today in particular, including LIFC, IART, CHIR, IMNR, ISIP, ARRS/SQNA, etc, and those which didn't barely moved, with big drops over the course of the week...GENZL, VICL, etc. At the same time, some nice upward movement today for bigger pharmaceuticals..ie LLY, PFE, etc....guess we see nervous handwriting on the wall regarding staying with smaller cap companies with only potential for the most part in this market. Heard LLY had a study coming out showing efficacy for childhood depression with prozac....maybe it means they'll get the fda indication, which ultimately means nothing, as this is info everybody who treats children already knows, but guess feathers in their cap never hurt.
Any thoughts from your end, as I bow to your extra years of experience.
Enough wasted rambling. Hope all is well, and talk to you later.
Marshall |
