Biotech Values

[bellweather1]

I have a good(I should say, not so good)-sized position, and I'm practically lol at myself for increasing it substantially at about 2.25(the ultimate bargain!)

Though you could rationalize this collapse in terms of residual long-term debt concerns(despite the debt extension and layoffs),

and though some may view the focus on high valued programs as effectively a slowdown in terms of overall commercial potential,

I'm more inclined to think we're seeing the result of an exaggerated form of short-term thinking here in the marketplace, since even any Mek results are probably at least a "few months" off,

and all of this is amplified by the quad witching-

Therefore, we may very well see a dramatic snapback after that's completed(not to mention some Greece resolution).

BTW, unless something has changed, I think blade does have a "good"-sized position in arry, and I'm also hoping the BTH contrary indicator is still operative.

Regards,and,(as I said),almost lol,

bw