Biotech Values

[DewDiligence]

>all of your top 3 holdings are now in buyout fireworks<

I’m not yet convinced that IDIX is in buyout fireworks mode, although it has surely benefited from buyout speculation to some degree. Today’s 20% IDIX pop could simply be a retrace of yesterday’s swoon with no special significance.

p.s. IDIX was supposed to present IDX899 data this week at the big AIDS conference in Mexico City, but they have not yet issued a PR.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”