I have never thought much of Tang, the fund is a fairly small player & is a value player. They have had some good picks as well as some dogs, I do believe the fund has dropped in size over the past few years. BPAX is a risk/reward trade for me, I have nearly 50 open trades, BPAX is a tiny one for me. Could TANG be selling today, they will drop a stock on a dime. One of their biggest recent losers was SVNT & I believe it was a big loss for them.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.