BURP'S PLACE!

[rru2s]

Burp - SVNT question: I went long after the stock dropped from $22 to $12.51, when I bought. Should this be a hold just in case another buyout deal comes up, while in the alternative it'll probably keep drifting down til December sales kick in? Should I assume no downside risk if I am patient enough and is the upside even if they go it alone worth hanging on at a cost basis of $12.51? Unpredictable waiting periods of "dead money" is why I usually avoid pharma plays that hinge on certain drugs, except that I thought the FDA approval status of Krytexxa would make this a safe bet with no downside risk if I hold a while.

Thx