Not a good day for us holders and my advise is to close the computer and go for a walk as looking will not change anything.
But if you want to buy, its probably a great time to do so, unless the world economy goes belly up.
Biota has soon around $100 million in cash is basically a good solid earner with the Relenza royalties even, when one qtr does not really live up to our expactations.
Like most of you I wish I would have sold some of my large holding and taken some profits, but I also know that todays price has totally overshot reality and that we will go back to and above the $2 mark ( if the bots become friendly again).
Remember when there is blood in the streets, its probably time to buy.
good luck
jojo
BTA Price at posting:
$1.48 Sentiment: LT Buy Disclosure: Held