You make good points. What biotechs (or others) are you recommending? I am considering ONTY and also thinking of dabbling in retailer JCP. I'm always open to others' suggestions. Thanks in advance! TGC.
You may have a valid point after all. The list of pharmas destroying people's hope for prosperity has been heart wrenching lately.
I remeber how as CYTK started to climb to the $13's as recent as July, many longs were hyping it to $60 within months. ARIA, MNKD, ARNA, AMRN, ATOS, and CYTK have produced dire results.
Two drugs in the pipeline, a pumper Needham trying to get out before things get worse. There's really telling where CYTK will end, the only one hyping its drugs, is a former VA bureaucrat hyping OM. But anything is possible. Just when you thought a chart was damaging enough, it gets even worse.