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Biowatch

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Biowatch

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Re: daved post# 39942

Thursday, 12/28/2006 12:26:03 PM

Thursday, December 28, 2006 12:26:03 PM

Post# of 253078
>>consider selling a stock if it falls 10% below the price paid<<

The problem with that (and with stop losses) in regards to biotechs is that they can open down 70% before you even know there is bad news.

It may apply if a biotech keeps drifting down for no apparent reason with no news events in sight.
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