Everybody on Wall Street seemed to rush into Protein Design Labs when Dan Loeb bought at 9.8% stake. They are already heading for the exit as the CEO digs his heals in. Give this another few weeks to pass and all of those who recently bought will sell. The stock will come down dramatically at which point it will be a buy because the company's long term prospects are very interesting.

 

Submitted: Jun 20, 2007    Views: 225    Comments: 0    Likes: 5   


View Article: http://healthcare.seekingalpha.com/article/36319


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