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Biotech / Medical : Xencor (XNCR)
XNCR 14.22-1.1%2:55 PM EST

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To: scaram(o)uche who wrote (9)4/12/2014 7:36:16 AM
From: fitzdad55   of 136
 
It's not clear if the lockup expiration for XNCR will result in a large sell off of the company's stock, but it seems likely there will be some selling. As we know this has been a very difficult several weeks for biotechs in the marketplace. Another firm with quality science and strong partnerships, Bind Therapeutics, also recently saw the lockup expire and along with the large amount of institutional capital flowing out of the health care sector stocks,Bind has seen its PPS drop about 7 percent. The future for both companies is quite bright and I've been using this sell off as an opportunity to increase my holdings in both concerns. Best to all XNCR shareholders.
Fitz
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