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Biotech / Medical : momo-T/FIF
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To: Biotech Jim who wrote (10678)4/20/2016 5:39:53 PM
From: tuck  Read Replies (1) of 12215
 
CARA: Must say, while I was expecting the morning spike to be sold because the stock had bounced so hard in anticipation, I wasn't expecting reversal all the way into negative territory on a decent day for the market. This may push top-line readout to 1Q17, as they'd been guided to 1H16 when the started this trial last fall. They'll have lost about 10 weeks.

Would be tempted to add on further newsless weakness, if I can figure a target.

Cheers, Tuck
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