Friday, November 13, 2009

The Failing Firms of Massachusetts

"As a group, they are overwhelmingly involved in the biotech industry."

Need I even
say it, readers?

"Rising market tide fails to lift some Mass. firms" by Steven Syre, Globe Columnist | November 13, 2009

It’s been hard to lose during the spectacular stock market boom of 2009. Hard, but not impossible....

Then HOW COME my 401k is STILL S***?!!!!

Some companies on the list, such as Biopure Corp. of Cambridge and Altus Pharmaceuticals Inc. of Waltham, filed for bankruptcy during the stock rally. A number of other losers are little penny stocks that trade erratically....

Related: The Vampires of Biotech

Welcome to the Wonderful World of Biologics

As a group, they are overwhelmingly involved in the biotech industry.... Biotechnology stocks often swim against the market’s tide. Companies work in labs and hospitals for years developing medical products, so their shares tend to be insulated from economic trends that whip the stock market or prop it up. But this year most biotech stocks have been big winners....

So WHAT HAPPENED, Massachushitts?

Of course, stock market fortunes can change. Yesterday’s losers can become tomorrow’s champs....

PFFFFFFFFTTTTT!!!!!

--more--"

Related:
Biotech Giveaway Was Borrowed Money

Yeah, it is going to cost you a LOT MORE than a BILLION for those LOSERS!

Thanks, guv! That's why you are a ONE-TERMER!!!!!!