I doubt pozn is down just due to V Rx #s from last week. (or our stock for that matter). the entire market is being nuked, especially bio sector. we are down more than many, cuz we held up last Friday. and seeing the weakness, i am sure we got shorts feeling good about themselves today.
The whole market is down bio's taking it on the chin today as well as tech, energy, banks, agri, wait thats everyone.
Maybe its the Russians at the Ukraine border, or weak china #'s or maybe bad Irish #'s
On good news I snagged some Aug 14 $12's.
Many of my more speculative issues are down today, especially in technology and biotech. However, I got out of HZNP and INVN late Friday, taking profits, and may reallocate some of those funds. My AUY buy is down.
I'm still up for the month, but this is disappointing.
I'm charting this as we speak, but we were due for a day of profit-taking - this is actually a necessary step in a real consolidation. We're also tracking with the broad market, and the Bio Index so it's just a question of finding a level and moving on from there. Some people are probably going to get some really attractive entry points in the next day or so.
well, in general, March has been tough for bio index after stellar Feb. long overdue profit taking and roation.
Friday, we held well, but when the sector is being beaten, CNBC/media is covering the downfall constantly, it's bound to happen, even to us here in HZNP.
and we've gone up 30-40% in recent month... i think time is here for rest/consolidation.
here's hoping we stay above $16
Last Friday, HZNP was green while the sector was in red.
So, HZNP is dropping more than others in the sector.
Today news was not expected. Why did not update last week. What is important to announce anther CC? Anything changed in regard to current deal with Vidara or previous deal for V?