well the people who sold today on this news or not even bothering to know this news are just plain STUPID.
Ultimately the share market is about taking money off the stupid. A redistribution of wealth.
Can you seller dumbnuts understand what the CDC advisory committee are saying here.
''ATLANTA, June 29 -- Zanamivir (Relenza), a neuraminidase inhibitor, should be the preferred treatment for patients with influenza-like illness, whether infection is caused by a seasonal virus or the pandemic H1N1 virus, an advisory committee to the CDC said''
My god this is WORTH BILLIONS to GSK and Hundreds of Millions to BTA. Lucky bastards. And thats not even counting the awesome pipeline like the cure for the common cold and super relenza(LANI).
Watch the pressure on the relenza delivery method to be fast tracked.
BTA Price at posting:
$1.20 Sentiment: ST Buy Disclosure: Held
