Biotech Values

[Rocky3]

you might want to consider betting on a small biotech company that is generating a boatload of cash flow from operations every quarter :- )

Well, I wonder which company you are talking about?

The main one that I follow has made a pretty nice move since February. And I already have a very sizeable position (as well as play money committed to gains from volatility "gifts"). Every penny gain in the stock will pay for a very nice meal that I hope to be buying next June.

While I disagreed with the Palo Alto guy that it is now a $100/sh value, I do think that we have a long way to go, but think some discipline is in order. If it reachs 20% of my portfolio, I may even have to sell some. Let's hope that happens too.