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Insmed Incorporated Message Board

  • jsblvbjb jsblvbjb Oct 9, 2013 1:31 PM Flag

    Biotech sell-off...

    From the Motley Fool:
    "Shares of Nasdaq Biotechnology index were down more than 4% while the S&P Biotech index plunged more than 5%. Peering in to specific popular mid- and small-cap biotech stocks revealed even more carnage. However, today's big losses come on the tail of strong annual performance. As we enter a period of uncertainty with the possibility of a Lehman-like single-day market collapse, investors are paring positions in some of the market's biggest outperformers of the last 12 months and reducing their exposure to the volatile biotech sector."

    Ride it out, IMO.

    Sentiment: Strong Buy

26.86-0.16(-0.59%)Jul 29 4:00 PMEDT