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To: RoosterRedux
downward pressure on biotechs seem to go back to the letter issued by that weasel Waxman to Gilead about the prices being charged

Yeah --that hit the entire sector and forced me to sell my BIIB--

--but I may be buying it up at bargain prices tomorrow 'cause the stock keeps popping up on my screens.

16 posted on 04/06/2014 4:55:59 PM PDT by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
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To: expat_panama
I buy the IBB. The diversity spreads the risk.

That said, this is a sector that is devoted to achievement. It has the very best scientists, the best labs, the best financial oversight...when one loses...another one gains.

And unlike most companies...this sector is highly motivated to cure human illness.

I have had much experience with corporate motivation.

This sector is motivated.

18 posted on 04/06/2014 6:15:43 PM PDT by RoosterRedux
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To: expat_panama

BIIB just poked its head through the 300 level. 11 minutes to closing time.


46 posted on 04/09/2014 12:48:45 PM PDT by RoosterRedux
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