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

To: tuck who wrote (2557)2/18/2010 11:55:08 AM
From: tuck  Read Replies (1) | Respond to of 3661
 
Regarding downgrades of Xenoport: I see five. 13 brokers follow the company, so more carnage could be coming before any bounce. That is, I'd recommend daytrading only until a few more come through., FWIW.

No position (whew!)

Cheers, Tuck



To: tuck who wrote (2557)2/22/2010 4:34:40 AM
From: RockyBalboa  Respond to of 3661
 
Thanks for posting, once more I see the cockroach theory proven... if there is one visible there must be more under the surface.

The stock had a long travel down before and you are right.
This can go to 50, 60% of its cash value...


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