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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Rocketman who wrote (5416)8/3/1998 6:58:00 PM
From: scaram(o)uche  Read Replies (2) of 9719
 
The saying goes.... the sector will turn around when the last bull throws in the towel.

A good friend, one of the best biotech investors that I know of, just wrote and said that he was completely out of small biotechs. He has raised cash and is waiting for the dust to settle. So, one of the next-to-last bulls is out. Should the rest of us fake it?

:-)

Remember when I got on Andy's case for knocking the entire sector? Well, down here in the second- and third-tier, I haven't had too many winning days since. Wish I'd have bailed to cash when you posted, Andy.
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