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clock Created with Sketch. 02/03/20
10:58
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Originally posted by Dungiven:
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What a fall. Wasn't expecting it to be so severe. I mean, biotech can be viewed as defensive, we're fully funded for the Phase 3 trials, and all the companies plans are on track with the potential hype-boon from the NFL players to filter through to the market in the coming period. It needed a breather, but this drop has been quite dramatic - heading for 50%.
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Originally posted by Dungiven:
↑
What a fall. Wasn't expecting it to be so severe. I mean, biotech can be viewed as defensive, we're fully funded for the Phase 3 trials, and all the companies plans are on track with the potential hype-boon from the NFL players to filter through to the market in the coming period. It needed a breather, but this drop has been quite dramatic - heading for 50%.
Expand
feels like retail investors just dumping everything. And yeah we’re funded so can’t see any reason to sell, at least nothing has changed unless you think the whole equities market is threatened
(20min delay)