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Biotech / Medical : Exelixis, Inc. (EXEL) -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (906)3/26/2014 2:27:31 PM
From: tejek  Read Replies (1) | Respond to of 930
 
But is the fact that there is no near term gratification worth a 38% plunge?

The argument is that if there was significant efficacy the trial would have ended here instead of going to completion. Given the company's prospects in 2014, I think the sell off is overdone...but then that's pretty typical for selloffs.