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Replies to #56201 on Biotech Values
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exwannabe

12/14/07 4:03 PM

#56202 RE: DewDiligence #56201

MNTA, just recovering from insanity.

That's why I so like bottom fishing.

Serriously, is so much easier trying to buy "busted" biotechs. Not only is the bad news gone, but you have the chance the stock is overly depressed (as opposed to a flying biotech, where you pay a premium).