OTCPK:ARLZQ - Post by User
Comment by
snootchybootchyon May 06, 2016 3:52pm
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Post# 24849289
RE:RE:Bought more
RE:RE:Bought morekuatolives wrote: Yeah I've started accumulating again as well. We're now at something like 4x earnings without Yosprala which could quadruple earnings in a few years. Getting cheap enough I don't mind throwing some more money at it. The market is behaving quite irrationally to the biotech industry as a whole. Time to buy.
Looks like the collapse in the Endo shareprice is the cause of all the irrational selling today in the spec pharma space. Endo is yet another company that will have to sell off its assets to reduce its debt -- good news for companies like Aralez and Knight who are flush with cash.