biotech correction, page-4

I've said this before and I guess it lends from Warren Buffet's most famous quote "be fearful when others are greedy...", but trading is part science, part emotions. The current share price is riding on emotions cos as others have said, the fundamentals have not changed since the low 3s. And truth is, the big players know how to manipulate those emotional strings, like boy bands and their screaming fans. In the end, they don't care for the stock, just the money they can collect. The boy bands do finish their stint, and the screaming fans will have to go home. And it's clear that from the 6s to the 4s, and now possibly a return to the 3s, we're seeing many go through the exit door cos the boy bands were lip syncing all along...