Replies to post #146399 on Biotech Values

[bellweather1]

re:ARRY

Agreed, I took this opportunity to buy back the 20% of my position I sold recently at the highs, in 4.25 range-

Assuming the real growth drivers are the meks, glucose kinase activator and 614(as I do), this is just an exaggerated selloff of an extremely overbought stock looking for a reason to.

Also looking for that big bounce soon as well. However, even if it takes a while due to generalized risk asset concerns, and the steepness of the current runup, the downside looks very limited from here IMO.

Regards,

bw