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value1008

01/15/15 2:20 PM

#85294 RE: BiotechValues #85293

I'm thinking of buying some MEIP here, too, along with some other names (not decided yet), but truly it looks like a bullish "January effect" has come and gone with no rally at all for most sectors and it looks like a "Risk OFF" mood has really slammed most smallcap and microcap biotechs the past few days, starting Wed.

So these names could go much lower.
Meanwhile, analysts are raising PTs all over the place since Dec. started seeing their "best biotech picks for 2015," luring in the sheep for the shortsellers' fleecing of them.

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$heff

01/15/15 3:30 PM

#85299 RE: BiotechValues #85293

$MEIP..$3.87..offering at $4 with a solid catalyst in March.
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BiotechValues

01/16/15 12:07 PM

#85316 RE: BiotechValues #85293

$MEIP- added a few at $3.89 and bought more $SRNE at $8.60 today, which was my original entry price on 12/24.

Obviously would have taken some SRNE profit at $11.00+ if I could tell the future, but feel comfortable adding here.