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DewDiligence

01/15/16 2:33 PM

#199107 RE: mr_o #199105

…what are your thoughts on this type of company?

I’ve dabbled from time to time with busted biotech companies trading for less than cash value; however, it’s not an especially easy way to make money, IMO.

In general, I’d rather buy biotech companies with legitimate prospects whose enterprise values are cheap (but not necessarily negative).