I sure did get spanked, but speaking of that area of the human anatomy, EXEL had some very good prostate results. Also, day traders have bitten me. I still have AMRN, SGEN, ELN to get me through the day. I am very concerned about a double dip and the over extended biotech index.
Tough days ahead it seems. I think I will catch you once again by Sept.
Glad to hear from you bud. It sucks being long and a believer in the story of a company that delivers sub par news. I wish you well and I do hope it turns around. Thanks for checking back in.
You're right about a potential double dip. I've decreased a lot of my equity exposure with the same belief system.No QE3 for sure....so we're on our own with the economy. That puts a lot of pressure on earnings and beating the streets expectations. Good luck.
You forgot to mention, AMRN. It is already way too high ($2 billion Market cap) with similar GSK refined fish oils product going generic next year. ROFLCOPTER
Let's all get a little PSDV and ride the run toward PDUFA. Simple as that and with less risk. Can sell some along the way.