Biotech Values

[vinmantoo]

{{I think the most likely outcome of the tox disclosures is that not all that much changes, in which case folks might do just fine with the stock. But against this, I see the chance of a really bad outcome significantly increased. I have no idea if the chances of such a bad outcome are 1% or 5% or 10% - we might know more if further details are published. But bottom line is that I see the risk profile as being significantly increased.}}

Peter,

Thanks for chiming in. Yes, I agree that the risk profile has been increased. I am definitely less of a long term hold and my view is that I was able to buy shares at a much lower price but will sell back at least as many shares as I just bought in say a month or a few assuming we get a rebound.