Maybe it is a mistake, but I have been buying for the last two days , again I am not a trader , my timing could be way off. Just can not believe it is at this price as THLD is approaching some important dates in not too distant future.
Who knows, maybe same hedge funds managers who are shorting or dumping bio-tech will be the same one saying " it is too cheap" in the near future
hopefully, you don't have my luck lol.
i think this is a great price. at the worst, you can hold for 2 years and see two phase III results.
of course there is the interim look this summer.. praying for early stoppage on that one.
I am trader and a long, this is the market and Bio, keep making money and adding to core. I bought 80k this week in other holdings and still have some try powder. This is almost over, think reversal will happen by Wednesday if not sooner. We are looking at Micro economics but the Macro economics is still looking good.