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Thursday, March 27, 2014 10:27:05 AM
LOL
Nerves of steel here. I feel very good about all of my holdings. I took advantage of the sector selloff to adjust my biotech holdings. I picked up more SYN. I really cannot believe anyone would bet against this grossly undervalued gem. Folks who do are simply gamblers and have NO IDEA what the pipeline has in store. So many chances to score with this one, and at this price, what a steal!
Watch and see how it runs into the CEO's Monday morning conference call. Does anyone actually think he'll announce some 'bad news', on a Monday morning? If anything, it'll be neutral on the financials, show we still have cash due to the Kirk raise in December, and talk about the upcoming Trimesta results. IF we are lucky, we'll hear something on what he hinted at during the Roth conference -- news on pertussis that he said made him SMILE.
Gifts like this don't come around very often -- a huge selloff for NO REASON other than government interference. There is always a downside when they get involved with anything! Traders will forget about that Waxman letter soon enough and the sector can get back to business. The good stocks will rise. SYN is one of the good ones.
GLTA
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