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Biotech / Medical : biotech firesales

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To: Miljenko Zuanic who wrote (3355)4/12/2016 1:43:32 PM
From: IRWIN JAMES FRANKEL  Read Replies (2) of 3661
 
At this level 221 AGN is below the low that it traded at during regular trading the day the deal with PFE blew up.

One guy on Twitter thinks it has 50 points of downside if the TEVA buy of the generic business blows up.

Hard for me to see that, but if it happens I would do 2X of my buying here in the 220's and consider it a gift.

But unlike Mil, I lack prudence.

ij
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