rnai_inv I am trying to establish a long here. But I have no illusion it will take time. But I am comforted to know Fidelity growth company and biotech funds added 1.3 to 1.4 Mil shares in February. They were not part of secondary and must have purchased in open market. Those two funds combined now control over 10% of overall shares. If they can buy in 11 to 13 $ range, it will be safer for me to buy at $10 I will add some if we get a deep below 10 next week.
I also want to buy some for flipping into earnings report or perhaps beyond. If I remember correctly we should expect news before July? right?
Have you looked at Alxn? I have a larger position there and intend to keep it.
PS It seems this deep is industry wide in bio and healthcare as well. It is just profit taking and we should resume advances again. I think a Romney presidency will make the prospects for the group even better.