Mast Therapeutics, Inc. (MSTX)

[Ecomike]

While you all may be right about them giving us the shaft, I have other biotech stocks like this one, that ALL have gotten hammered just as hard, if not harder the last month or so, and they did not screw the investors over, so I think much of the decline here is also a sector drop, and market wide, world wide stocks drop. Even Pfiezer and Novartis have gotten hit hard recently. NVS is 25% under its recent high. CYTR has dropped nearly 50%, 75% from 52 week highs IIRC, and it is selling for a 1/3 to 1/4 of what it is worth. RXII is down 60%, and so on.

Now that many biotechs have been pumped up to float new shares and refund them for 1-2 years, I wonder if this is a bottom, and if so how long it will last, or they are all going lower first. I am still holding all my shares, but having second thoughts about biotechs the rest of this year, except maybe the blue chip ones paying diividends.

Still long ANX, but have not added. GLTA