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Infinity Pharmaceuticals, Inc. (INFI) Message Board

  • bs572 bs572 Feb 26, 2014 11:07 AM Flag

    Bio-Tech correction ahead.

    P/B ratios far too high. Need to preserve capital. Out at small loss.

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    • Maybe for a lot of biotechs, but when a stock gets beaten down as hard as INFI, a lot of value funds start jumping in to take advantage of the opportunity. I'd probably agree paying above $50 at this point may be a bit high on INFI until we gets some updates, but its extremely undervalued here. I scan the market for weeks at time looking for attractively valued biotechs (fantastic catalysts, cheap valuations) -- due for substantial upside -- INFI was at the top of my list.

      Sentiment: Strong Buy

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