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'When There's Blood in the Streets', Buy Biotech Stocks

Posted on October 10, 2008

History has shown again and again that times like these represent a huge long-term buying opportunity. This may be particularly true for the biotech segment that, despite weathering the storm better than other segments, has had its share of price declines.During the past several weeks, great biotech stocks, from small early stage companies to fully commercialized companies have been thrown out of portfolios like bad auction rate securities, but the truth is that the value proposition of most of these biotechs did not change at all, and is not likely to change as a result of market conditions. ...

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