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Rocket Biotechs
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01.30.09Views:
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As of late, the biotech sector has seen some serious momentum. Take Pfizer (PFE), which just bought Wyeth (WYE) for $65 billion dollars, or Bristol-Myers Squibb (BMY) publicly said that they are looking to invest $8 billion dollars or so into the biotech space going forward.Over the last 3 months, shares of biotechnology firms Geron (GERN) and StemCells (STEM) are up roughly 200%, which compares to a decline in the Standard & Poor’s 500 Index (SPY) of almost 5% and a decline in the NASDAQ Biotechnology ETF (^NBI) of about 3%
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They are going to have to do a split in the (TBT) soon. Simply the absolute BEST short the last years.......lol Down every single day......
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05.31.12 | 03:51 PM asked by Steven L. Goff
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