Aug
27
Sep
15
This mornings, BioCryst (BCRX) announced that it has signed binding letters of intent with three partners to represent peramivir for flu stockpiling programs in Mexico, Brazil, China and Israel. Mexico is where it all started, and the company says Mexico and Brazil together represent 75% of the Latin American market. China is
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Jul
30
Dear New World Investor:
This has been the strongest upswing in equity markets since 1938. On a fractal basis, this is one of the most overstretched markets I have ever seen – and one of the most confusing. I thought the upmove was done last Friday, and we would go into an 11-trading-day consolidation until August 10. We may even be in that, because a “running consolidation” can simply go sideways right around a new high. But since the prior run up was so fast and furious, I thought it more likely that we would see a quick drop back to 945 on the S&P 500, perhaps with a few touches of that level, to increase negative sentiment. While that could still happen, time is getting short. The problem is that while the
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