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Biotech / Medical : biotech firesales

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To: tuck who wrote (3164)11/5/2014 4:22:05 PM
From: biofisher  Read Replies (2) of 3661
 
This is clearly bad news on one of their more important programs. But it is just one from a fairly rich but longer term pipeline. I sold half my position long enough ago that I can't remember when.

Big volume today but still closing well above a number of past year's daily lows. And some news upcoming on Rindo at SNO. So caution in order.

As for my remaining stake, it will suffice for the foreseeable future. I'll just tuck it away.

Milt
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