Where there’s smoke comes fire, and between asshole Martin Shkreli drawing attention from Washington and Valeant practicing questionable revenue recognition, we have scary conditions to be long biotech.
The industry is also grotesquely overvalued. Look, our Freddy Krueger market has systematically corrected almost every industry while maintaining strong index prices. What makes you think biotech is immune to its comeuppance? These stocks are too expensive:
Then there is the push to be a holistic healthy person—an initiative supported by Republican front runner Ben Carson. He would rather suck down tree bark (Mannatech Ambertose) then have a visit to the hospital.
The jig is up, mates. Prepare for biotech to implode under its own weight.
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damn 🙁 But thanks for the warning! 🙂
I think the rising concern with VRX is that, unable to keep pyramiding more acquisitions, price increases on lockdown, and a lack of confidence, it will have problems servicing its massive debt.
Sounds about right dude
Great call back a few days.
Wait are you telling me that this faked a move to make a move? I’m watching but not buying just yet
http://finviz.com/screener.ashx?v=341&t=BIS
I wouldn’t do tech analysis on an inverse leveraged ETF, but then again, do you old sport.
interesting they put Yoko in a bandage (to cover the black eye John gave her) crocheting…don’t find that in videos nowadays
onto a microphone, nonetheless