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

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To: chirodoc who wrote (5507)8/25/1998 10:01:00 PM
From: scaram(o)uche  Read Replies (2) of 9719
 
>> Some of the problem in (name your biotech)'s stock has been short-term: A big institutional investor
has steadily sold big chunks of (name your biotech) in the last several weeks, analysts said, which
begat more selling from other institutions worried that someone else had an insight they
didn't. <<

There you have it....... the sophistication of the institutional investor with respect to biotech.

The entire sector has crashed because of clowns that assume that the next guy knows more than them. Gives one great confidence.
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