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


To: tuck who wrote (2889)3/29/2012 10:41:51 AM
From: tuck  Read Replies (1) | Respond to of 3661
 
Chelsea (CHTP) off 27% on a CRL for Northera. It is unclear if data from an ongoing trial to be completed in a few months will satisfy the FDA.

Message 28045117

This is a charity pick (but it was a low allocation, high risk one), and while I follow it, I can't say whether or not this is buying op. Probably not, as cash starts to become a concern. Wouldn't shock me to see them cut the workforce.

Cheers, Tuck