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Replies to #5358 on Biotech Values
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DewDiligence

12/03/04 4:26 PM

#5366 RE: rstor1 #5358

>> ALNY - shorted and covered a couple of times after the prices were pumped pre-lockup but, judging by the tankage <<

That was a nervy move. Although ALNY was a tad bloated from its RNAi publication and promotional writeup in Barron’s, I generally resist the temptation to short microcap stocks. It would not be all that surprising if Merck (or another BP) offered to buy out ALNY at a substantial premium to its current price.