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Tuesday, 09/29/2015 3:40:33 PM

Tuesday, September 29, 2015 3:40:33 PM

Post# of 8466
Biotech is on a fire sale.
I am averaging in on severe declines like today and trade out on pops. Holding a core for fundamentals. I listened in on today"s investor"s conference here in NY and am seriously impressed with their entire pipeline,especially the RSV vaccine.
I have been trading NVAX for years and it is my main source of trading profits.
FWIW. I could almost gaurantee the stock would pop pre market. It did. I was out at 9.35 on yesterday"s buy at 8.40. Then typically as NVAX does it tanks up to 10 am then usually rebounds which today was brief. I am now picking up stock in increments below 8 and just now 6.54. This my friends is a fire sale for the biotech crush will reverse I think sooner then later.
The ETF"s selling are driving down all biotechs. Astute traders will be in with a rush sometime hopefully soon. We shall see. GTLA
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