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 Strategies & Market Trends : BAK - Investing

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To: hdl who wrote (2521)5/7/2012 12:37:24 PM
From: Zoso_171 Recommendation  Read Replies (1) of 3144
 
Re: Biotech idea - VRTX

Yes, but unfortunately only a very small position (1%). I usually scale into things as I do more research and get more confident about the idea. I went and closed it out today - usually these kind of things tend to pull back as people digest the information and determine the potential market size, etc.


I actually prefer to pick individual biotechs. I usually go for the ones that have already made it through Phase III successfully on at least one product. I definitely agree it is a high risk area.
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