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Biotech / Medical : Xencor (XNCR)
XNCR 14.37+5.0%Nov 5 3:59 PM EST
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To: scaram(o)uche who wrote (45)10/29/2014 2:51:05 PM
From: tuck  Read Replies (1) of 136
 
Are we going to see anything good before the data reads out? If not, why shouldn't we just sell our current positions now, and buy when the opportunity comes up? Cuz it sounds like you not only consider poor RA data a possible blessing, but an expected outcome.

The only answer I have is that we don't know to what extent the market actually agrees with you already. Maybe, at current prices, the market would just yawn again, like today. I'll say this: if it runs a bit into the data without other significant news, I will indeed sell and re-enter on the expected bad RA news.

Thanks for your help!

Best, Tuck
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