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Re: bas2020 post# 53891

Monday, 02/15/2016 10:29:21 PM

Monday, February 15, 2016 10:29:21 PM

Post# of 462250
If I were a fund mgr and had access to mega funds to buy into a promising biotech, I'd be piling in at sub $4, lowering my avg cost as much as possible. If I didn't it would likely be that either the risk/reward was too high to make that investment or I had restrictions on my purchase price.
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