Biotech Values

[mouton29]

Re: seeking Alpha -- <<What he basically said was that he bought a stock and it went down. He will now learn from his mistake and wait before he gets fooled again.>>

Not so. He fell victim to one of the classic blunders. To quote Vizzini in The Princess Bride:

"You fell victim to one of the classic blunders! The most famous is never get involved in a land war in Asia, but only slightly less well-known is this: never go in against a Sicilian when death is on the line!"

Now, in the director's cut of the movie, Vizzini added:

"it usually isn't wise to buy a stock that is trading below its 200-day moving average unless you have compelling evidence to do otherwise."