Since the end of February we have seen a 4.5% decrease in the value of this stock with substantial volume.
There are no news to substantiate this drop in price.
Any ideas of who is selling? ? ? and why ? ?
Does anybody know when it is expected to have any news on the trials that are going on at this time? ?
All information will be much appreciated
nbix was pumped on the very dubious progress of its tardive drug and now is being shorted
I own(ed) it and I thought the stock was overvalued at $18-19, sold most of the little I owned
in that area. After all it's still 2 yrs til elagolix reaches market: so much time for games!
Just look at the major funds invested in NBIX for an explanation. Investors are pulling money out of these biotech funds & rotating it into different sectors. At some point the rotation will stop & we'll get new money flowing in which will reverse the trend.