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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (16965)12/29/2001 7:25:08 PM
From: seminole  Respond to of 99280
 
<<< Price of IMCL was a direct result of market pricing in FDA approval for 2002. >>>

The expected timing of approval is just one component of the price move.
BMY purchase of IMCL shares is another equally important component.
The probability of approval of a Phase III drug with fast track is another component.

I have no position in IMCL (unless it is in FBIOX).
If BTK is the biggest bubble, you should short it.