Replies to post #173487 on Biotech Values

[biotech jim]

Summer Street is a decent research shop and spotting all the issues with PRAN is easy money for them.

Does that mean that Summer Street bought prior to this run up, or are they shorting now? I agree that Summer Street is a very good science/medical research shop. They did have foresight in ICPT.

I bought in advance of the PRAN run up but sold too early. That was a no-brainer, as in having no brain? Coulda had 50& more in profits. Can you provide your numbers on your 40% comment, and please be specific.

Since you have been very negative on REGN, do you have a view on the continuing SNY purchases of the stock?

[iandy]

I'm sorry pcrutch. You deserve a proper reply, but I am really busy today.
Selling stock and stuff - you know.
:-)

[iandy]

crutch:

Really? I asked if you actually listened to the Summer Street call since you claimed they speculated about success in HD. In actuality, the call discussed why PBT2 isn't likely to succeed.

What I actually said was:

>I did not know about the call until later in the day. I assume they covered the same stuff from last weeks US Investor Roadshow and perhaps provided a little more color.<

I didn't CLAIM anything. I ASSUMED they covered material from the roadshow and went into it in additional detail. Based on the unusual positive appreciation in the stock that day at around the same time of the presentation, I mistakenly figured it might have been positive in nature but did not say that in my post. I never "claimed" anything and in fact never said I had heard the call.

I am probably the least knowledgable biotech investor on this message board but I do have a basic understanding of the English language.
I have enjoyed reading your posts for a long time. I do not appreciate your saying I "claimed" something I did not.

Andy