Tuesday, January 22, 2008
Looking at BIIB
BIIB has held up pretty well throughout this mess. Look at the chart. Besides the fact that it was slaughtered when no one showed up to buy it, it looks pretty steady. There is support at 55 dollars which it is now coming down to. I think it is buyable at that level with relatively little risk. Stop out a percent or so below 55.
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This?
That?
Or
The Other?
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