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Post by harleyquinn on Feb 24, 2016 12:47:22 GMT
IBB down again pre-market this AM and sinking...
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Post by JHam on Feb 24, 2016 14:09:33 GMT
IBB down again pre-market this AM and sinking... Definitely a rough time for biotechs. I think it is because the overall market is so volatile right now, no one wants to risk using cash on binary biotechs. |
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Post by morangie777 on Feb 24, 2016 17:57:24 GMT
Oil up, oil down, rinse and repeat. Not that I care, but most others do it seems.... I miss the old days when low Oil prices were actually a good thing for the rest of the industry...
People don't quite understand why all this is happening, risks can no longer be reasonably calculated, so they stay away from risky investments for the time being.
All clinical biotechs that have cash on hand can wait this out, the others are in a difficult situation.
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Post by harleyquinn on Feb 29, 2016 11:53:19 GMT
IBB down pre-market again.
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