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BTH

09/26/11 1:56 PM

#12882 RE: biotech_researcher #12881

lucky to be up at all.. nasdaq and biotech index look like crapola
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JJM760

09/26/11 1:59 PM

#12883 RE: biotech_researcher #12881

Too bad the timing sucks. The overall is filled with way too many unknowns for anyone to be committing any significant long money at this point, IMO.

I just wonder if a Ponatnib approval isn't close to being baked in the cake in this "new normal" (i.e. lack of risk appetite). Having the poster child for fledgling biotechs (DNDN) fall flat on it's face has certainly not helped matters.

BTW, the first line CML as well as 113 are two complete unknowns at this time. They could end up being huge home runs, but you are going to have to sit around and wait for their stories to develop.