re: kzl down 10%, zfx down 1% - jeb re pxs
Jeb - I hear you on PXS, I'm in deep myself as you know.
But I'm pretty confident on these and will be holding for a while I think. Have been reweighting my portfolio from resurces into biotech over the last couple of months. A risky move but I'm a great believer in cycles and right now I see a Bio cycle is looming. I'm only game to buy real companies though - those with a working product and revenue or where I'm convinced revenue is just around the corner.
If you look across the Bio space I think PXS is one of the standouts so I'm not too concerned to see some short term paper loss.
Z
KZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held