Sorry to hear. Eventually this 6-month-old biotech bear should reverse... who knows when.
I've actually only held one biotech stock the past few months, RLYP, b/c a buyout could come any week this year.
Back on Dec. 28-29 i was strongly thinking of shorting the biotech sector via the 3x leveraged LABD, and almost put in a bid around $30 which would have filled, but i wanted to wait a week or so b/c i thought there would likely be the "January buying effect."
I've been kicking myself ever since, especially this a.m., when LABD hit over $103!
