I believe the same thing. Also I have a strong confidence as well that this will move much higher in the long term. The results that were announced recently were very encouraging. As well all know cancer drugs and the companies that research and make them can become over night superstars in the stock world and the world of medicine. Look ate what happenhed to Dandreon! :) You just never know but to get in at .40 or cheaper and using the risk to reward formula the story is too compelling not to get in at these levels. I look to add more next week if the decline continues in PPS it's definately worth the gamble!
as the morning bottom really looked like a capitulation bottom.
It did?
I think the rout continues and accelerates. But who can really say. I believe biotechs are following the market and consequently there are a lot of good buys. I'll add to my position in CYTR if it continues to fall from here. Initially I thought in the high .30's now probably below .35.
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