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value1008

02/09/16 11:32 AM

#92750 RE: grizzly2314 #92749

Sorry to hear. Eventually this 6-month-old biotech bear should reverse... who knows when.

I've actually only held one biotech stock the past few months, RLYP, b/c a buyout could come any week this year.

Back on Dec. 28-29 i was strongly thinking of shorting the biotech sector via the 3x leveraged LABD, and almost put in a bid around $30 which would have filled, but i wanted to wait a week or so b/c i thought there would likely be the "January buying effect."

I've been kicking myself ever since, especially this a.m., when LABD hit over $103!

gambler2075

02/09/16 11:53 AM

#92751 RE: grizzly2314 #92749

IMO the selloff in these microcap bios are starting to become ridiculous. Where is the bottom?

$heff

02/09/16 11:43 PM

#92761 RE: grizzly2314 #92749

This too shall pass & you will get it back. I am confident of that.

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My individual portfolio and 401k are both a train wreck right now. Kinda depressing.