When did the news come out? While I was looking at it around 12:45 (pst), it was still around 21. Actually, I was enjoying my lunch and smiling at my terminal...(So stupid, should've sold huh??? yeah right, everyone says that) Then I went to a 1pm class thinking it had been a good day and asked and answered many questions in class. Then drove to the bank, took out a CD came back, here it is at 10 bucks! Although I have mental prep for BDNF failure, this price totally shocked me. I thought it would settle around 14 in the worst case. What does this mean? It translate a buying opp for me (I have the whole weekend to decide though).. As I posted before, the value of regn lies in research and corporate partnership. Furthermore, the BDNF trial will continuue, this time with a more direct infusion technique using the Medtronic pump, which enables the drug to perfuse into the CNS where the root of the killer disease is. It might have been a misstep for Amgen and regn not to use this method earlier, but they are heading in the right direction. more later folks
Chuck |
