$BMRN Short-Term Strategy

Strategy Link: http://www.bullstrader.com/2013/07/bmrn-short-term-strategy-nasdaqbmrn.html

 

I was looking at BMRN short late last week but the buyout of ONXX made me look elsewhere.

 

With the buyout of ONXX, I bet these smaller biotechs will have a takeover premium built into them and keep them relatively strong. I like the sector for a short but am not looking at the bigger players like BIIB, AMGN, etc.