To know how bad things are for US pharma sticks in the last 6...

To know how bad things are for US pharma sticks in the last 6 months, many commercial stage companies with multiple FDA approvals saw their stocks fall 60-80%. Investors now first check how much money the company makes, it usually takes around 2-4 years for companies to be cash flow positive after getting that golden FDA approvals.

the last 18 months saw lots of money come to market from retail investors after the pandemic started. That is not the case anymore.

IHL is an excellent stock, it is just investors must have that long term mindset from now on . unless market conditions changes, hold if you are willing to wait for 5 years from now until IHL starts to get cash flow positive.