Replies to post #149634 on Biotech Values

[mcbio]

A MACK director bought $500K worth of stock on the open market two weeks ago

About a $900M market cap at current valuation. Have to wonder about risk-reward (granted, I haven't done a ton of DD on the company).

[jq1234]

I did get lucky by picking at the bottom on this one :-) FWIW I have reduced MACK, ONXX, NKTR, ARRY size to half in the past two weeks - nothing wrong with any of them, just manage size after big run. Also reduced IMGN, SGEN as well, added INCY, YMI, ARQL.