Certainly don’t agree we will have anything like
a one dollar party; but if the Dow and Nasdaq
don’t kick Monday night, there will likely be a
bit of carnage here locally on Tuesday. RCEL
down nearly 5% overnight.
Of course Avita won’t be the only one in the
firing line. Lot of the other so called sure things
in biotech will cop it too. Despite the heavy
falls in biotechs during the last few months the
All Ords and SP 200 have raced ahead of Dow
and Nasdaq and are due for a significant
correction IMO. They are bound to take the
biotech sector with them.
Didn’t really want to start a new thread. So this
should suffice.
The One Dollar party, page-18
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