It is a Biotech wide funk. Your top end stocks are down between 1% 3% . Any bio without any approved treatment is down 5-7% . Wont last more than 3 days unless DJIA tanks below 15700 then we are in a correction period . Than you cut your losses or avg down till the DJIA completes its 15% correction from high to wait for better news or clarification . This one is a shot in the dark for me .
you are not alone clubmonaco. A lot of us here are in the red. what tonytootsoon is saying is potentially true but somehow cannot bring myself to add more. Not to sound too pesimistic but I do feel a lack of transparency and also (more dangerous) that some folks are privileged to information that we are not. Today biotech index is totally red anyways. Anyways lets keep the hopes up lol