Stock sells off like fire sale, like they are going out of business, and I'm tempted, but my frontal lobes for reasoning tells me to wait. It just looks like a good bargain; a few month ago this stock sold for 130. What has changed that it sells for a over 60 percent discount?
This stock and other risky biotech are getting re-valued pretty dramatically. I'm wondering about valuation, and re-enter point and time. Common sense tells me after the election next year. Any thoughts?