Replies to post #124778 on Biotech Values

[BTH]

like we had in 2008 - things will get awfuly cheap again

Yeah, that will not be good. I continue to average down, but I know they will pound crap down to cash if it gets to 2008 time again...

[bellweather1]

I share your confidence. But I'm also worried about timing, which is why I've been sticking to 2012 calls.

Even in a downer market, in the money 12s should work.

Best of Luck,

bw