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Biotech / Medical : biotech firesales

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From: tuck4/9/2018 5:56:08 PM
1 Recommendation

Recommended By
scaram(o)uche

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Speaking of not seeing effective AD treatments in my lifetime . . . VTVT off ~70% after hours on P3 fail in Alzheimer's. Widely expected by anyone with a clue; it was already at all time lows. I just covered for a buck, having shorted a small position at $4.20 a bit over a couple of weeks ago. In hindsight, I wish I'd had the cojones to go with a bigger position. They do have other early programs, so maybe there's something worthy in the wreckage at these prices. I haven't done any DD on said programs.

Cheers, Tuck
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