I've seen the same thing on bios and tend to find this as a great time to use a basket of them. I have TARA and a combined ABUS/ROIV position. TARA is well less than cash and has an early stage Phase 2 that's metrics are trending better than comps and the ABUS/ROIV is basically Chris DeMuth's thesis which I buy. STOK seems like one of th…
I've seen the same thing on bios and tend to find this as a great time to use a basket of them. I have TARA and a combined ABUS/ROIV position. TARA is well less than cash and has an early stage Phase 2 that's metrics are trending better than comps and the ABUS/ROIV is basically Chris DeMuth's thesis which I buy. STOK seems like one of the better setups here; I look at VYGR as well but started to get the feeling it is a me-too Alzheimer's drug and not a leader. With the basket, if you get one that hits it covers the others and some and if you get real lucky you do quite well.
I've seen the same thing on bios and tend to find this as a great time to use a basket of them. I have TARA and a combined ABUS/ROIV position. TARA is well less than cash and has an early stage Phase 2 that's metrics are trending better than comps and the ABUS/ROIV is basically Chris DeMuth's thesis which I buy. STOK seems like one of the better setups here; I look at VYGR as well but started to get the feeling it is a me-too Alzheimer's drug and not a leader. With the basket, if you get one that hits it covers the others and some and if you get real lucky you do quite well.