Quote: ________________________________________ In short, your definition of biotech is evidently narrower than mine. ________________________________________
Yes, I differentiate between large pharmaceutical companies and biotechnology companies (as does S&P, various stock indices and ETFs, etc.).
MNTA is in my view a biotechnology company and is included in the following biotechnology industry listing:
ABT, PFE, NVS, AGN and PKI are in my view large pharma or medical device companies:
http://biz.yahoo.com/ic/510_cl_pub.html (although the Yahoo yahoos messed up their listing including a few pink sheet stocks as Major Drug Mfgs., but you get the idea) or
So I take it that you do not currently see any “Biotech Values” companies (as traditionally categorized, in my view) worthy of your investment dollars that are not large pharma companies (other than MNTA, a company you know I like and feel you did excellent research on)? I only bring this up because you recently mentioned your My Stocks list and I only noticed MNTA as what many would consider a traditional biotech holding and in recent years rarely see you post about a traditional biotechnology company that you actually liked as an investment. Most of the other posters on your board appear to be investors in traditional biotechnology companies. I was just curious and it’s absolutely fine with me if you don’t currently own another traditional biotech. After all there are over 10,000 other US publicly traded non-biotech companies to choose from and the world’s financial markets currently appear riskier and investors more risk adverse than normal.
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