Speaking to a colleague this morning about ptx announcement & the reaction.
His brother in-law runs a reputable investment fund, is a major shareholder in said fund. His advice to my colleague was to block out the short term noise, this investment fund is still more than happy to hold ptx in clients portfolio's.
Interestingly, he has projected a further significant increase in another bio stock that is enjoying it's time in the sun, I do not hold it.
This fund manager is not a huge risk taker, not a silly man at all with a long history in successful companies he has owned. If PTX is good enough for his clients & brother in-law, it's good enough for my portfolio.
I'm happy to put this one in the vault.
PTX Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
