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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: hmpa who wrote (12149)6/23/2004 9:10:20 PM
From: Biomaven  Read Replies (1) | Respond to of 52153
 
Yes I saw that comment, which clearly implied "the Street" knew something.

But it's worth bearing in mind that likely all the leak did is change the timing of the drop not the ultimate amount of the drop. Using this analysis, it's not existing holders that were harmed - it's only the poor souls that bought over the last week or two.

In fact delay in releasing bad news is (kind-of) arguably good for existing holders - it gives them more time to decide to sell before the drop.

Peter