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Biotech / Medical : biotech firesales

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To: Robohogs who wrote (3203)3/30/2015 1:14:40 PM
From: Miljenko Zuanic  Read Replies (1) of 3661
 
Those are "No-events" failure for bio-sector, only few $100M in sector MC was lost, while today gains are in range of $+20B due to acquisitions news. When sector have unexpected high-profile failure (negative news), market may turn around. The question is who has capacity to predict this event(s)? I definitively do not have. :-(
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