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Biotech / Medical : biotech firesales

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To: fred hayes who wrote (2951)11/6/2015 2:58:24 PM
From: tuck  Read Replies (1) of 3661
 
It's been a long time since Incyte (INCY) made this board. Today's 16% drop (it has been a bit worse) seems to be the result of shallow, hair-trigger analysis of dose ranging study results for the pembo+IDO combo. See pgs' more nuanced take here:

PGS on pembo IDO results

I sold my last trading slug at $118 a while back, and have an order in to buy a slug at $95.

Cheers, Tuck
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