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Biotech / Medical : Immunomedics (IMMU) - moderated -- Ignore unavailable to you. Want to Upgrade?

To: stockdoc77 who wrote (63061)	4/8/2025 10:59:19 PM
From: jhcimmu	Read Replies (1) \| Respond to of 63287

I am holding my SRPT with a 10 year window. I don't have the cash to buy more, otherwise, I must admit, I would. Trying to avoid political stance, but have to believe that eventually cream will rise to the top and business predictability will return to our horizon. I had to take my hit on SAVA, so I'm batting .500 in biotech sector right now. Maybe flip a coin for buy/sell SRPT?

To: stockdoc77 who wrote (63061)	4/9/2025 11:12:14 AM
From: sysiphus	2 Recommendations Recommended By jhcimmu urslor Read Replies (1) \| Respond to of 63287

FWIW I went to 40% cash a few months ago in IRAs and 401(k). I'm assuming the market will recover at some point, but for now I'm just watching the news and the S&P 500. If the S&P gets near 4500, I plan starting gradual stock buybacks (some every three months) - mostly SCHD; and then for biotech when a market recovery appears underway, adding SRPT and AVNX to my continuing 3-month purchases. That's my plan. Good plan? - Fingers crossed!

To: stockdoc77 who wrote (63061)	4/9/2025 11:23:04 AM
From: luckydog88	2 Recommendations Recommended By jargonweary Olecranon Respond to of 63287

I don't think there is any denying at this point that RFK being appointed being appointed to lead HHS has just been absolutely brutal for biotechs, and that is extremely disconcerting for many reasons.

To: stockdoc77 who wrote (63061)	4/11/2025 10:13:47 PM
From: ghettogoulash	1 Recommendation Recommended By rodneyh07 Read Replies (1) \| Respond to of 63287

I suppose it's reassuring that Patrick Soon-Shiong of IBRX, whose supreme ambition is the world's first cancer vaccine (currently in mid-stage development), seems to be fully supportive of RFK. From Chatgpt: Yes, Dr. Patrick Soon-Shiong, the billionaire owner of the Los Angeles Times, has publicly expressed support for Robert F. Kennedy Jr. In a post on X (formerly Twitter), Soon-Shiong stated, "I truly believe he has the American public's best interests at heart". He also described Kennedy as "our best chance" for achieving real reform in healthcare. Soon-Shiong's endorsement of Kennedy has sparked controversy, particularly regarding editorial decisions at the Los Angeles Times. An op-ed by Dr. Eric Reinhart, originally critical of Kennedy's nomination as Health and Human Services Secretary, was published with a headline and edits that appeared to support Kennedy, leading Reinhart to accuse the paper of distorting his message. Critics have suggested that Soon-Shiong's support for Kennedy may be influenced by his business interests. His biotech company, ImmunityBio, has multiple drug applications pending with the FDA, and having an ally like Kennedy in a key health policymaking position could be advantageous. Overall, Soon-Shiong's public statements and actions indicate a clear endorsement of Robert F. Kennedy Jr., both personally and through his influence at the Los Angeles Times.

To: stockdoc77 who wrote (63061)	4/15/2025 9:30:54 AM
From: erickerickson	3 Recommendations Recommended By idahoranch1 jhcimmu luckydog88 Read Replies (2) \| Respond to of 63287

Fear wins again! The last while has been pretty brutal for me too. In fact, I just sold my all-stock index funds and will put the proceeds into (probably) a short-term treasuries. Here's my thinking: - At this point in my life (I'm 69) it's more important to not lose a lot of money rather than maximize returns. My answer to the question "how much is enough" is "I have enough, I won't need the anxiety". - I have enough to see me through the rest of my and my wife's lives, pay for any long-term care and our funerals, and still have enough left over for our daughter to inherit, who doesn't need it anyway. - A short-term treasury fund is still liquid, if/when I think things are more stabile, I can change my mind. NOTE: it'll probably be at least 6 months before I would consider changing, more likely a year or two. Or maybe forever. - Something like Vanguard's "you're already retired" funds (VTINX for instance) are built around the assumption that these are normal times. IMO, these are NOT normal times so this option has more exposure to trade wars than I want to deal with for the next while. - The trade wars are worrying. China can go mano-a-mano with the US and politicians there have the advantage of being able to weather more popular discontent than politicians in the US, the world economy be damned. If no compromise is reached, it could get ugly. - Assuming that the trade war, particularly with China goes to the mat, the effects on the world economy will be "interesting". As in "may your life be long and interesting". A world-wide recession is certainly possible in that case. - Assuming the trade wars just evaporate I doubt that things can go back to status quo ante bellum. One response of other countries to recent events could be to opt to become less reliant on the US. Whether that will happen or not is anybody's guess, but it seems more likely that it did a year ago. I'm not wise enough to predict what effect that will have on the US stock market, nor non-US stocks so I'll wait on the sidelines. - I do have some sympathy with reshoring manufacturing, but that doesn't happen overnight. It takes what, 3-5 years to, say, build a factory? If that's the way things go, sitting on the sidelines has some attraction. It's taken us 30+ years to outsource manufacturing, getting it back won't happen in 6 months. - I suppose the short-form is that I just see more potential downsides than upsides in in the limits of my crystal ball's vision, so it's more comfortable for me to sit on the sidelines. - I am keeping my individual biotech stocks just to see if they can recover, eventually... Hey! They were up yesterday, I'm sure that will continue! (yeah, right). Here's where I was at least prudent enough to only invest as much as I could afford to lose in individual stock picks... - All this IMHO of course. I could be totally wrong, witness me getting out of IMMU because I feared litigation would take forever to resolve, only to have it all resolved with startling speed. The net result was that after the dust settled, I had 2/3 of the shares I'd sold. Anyway, we'll see how it all works out. In any case I won't miss any meals.