Replies to post #2700 on Idenix Pharmaceuticals (IDIX)

[io_io]

<"what this shows is the value of $100 invested in ctic on 1/1/04 over the next 5 years versus 2 indices. From $100 to 4 cents">


I completely agree, disastrous.

But that wasn't the point. My point is that there are so many beaten-down biotechs, real companies with real drugs, that are great value plays. Actually maybe CTIC is a half-dubious example, but it's drug Pixantrone WORKS.

Actually I have some stats skills and was looking at DNDN over the weekend, a candidate for the 20s. But with so much value around, why bet the ranch on it ?

And definitely dont touch IDIX. Do you own MNTA ? Actually it's beaten down, like a call option itself. I own calls.