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Avalanche Biotechnologies: Unsustainable Price Presents Attractive Short Opportunity
2014-12-16 12:35:54| Biotech - Topix.net
When compared to its closest peer, the company appears to be significantly overvalued, and at more reasonable multiples Avalanche could see 50% downside. The stock has outrun its fundamentals, its story, and even optimistic analyst price targets, which positions it well for a short opportunity.
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Category:Biotechnology and Pharmaceuticals