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Biotech / Medical : biotech firesales

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To: Chris08 who wrote (2844)3/26/2014 11:40:24 AM
From: tuck   of 3661
 
Exelixis' (EXEL) COMET-1 trial given the green light to keep going by DSMB, when investors were hoping it would be stopped early for efficacy, as has happened for competing drugs. Stock off 35% on volume. There is actually some chance this is a buying op/overreaction, but look under the hood.

Cheers, Tuck
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