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DewDiligence

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DewDiligence

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Re: biotech_researcher post# 8325

Friday, 04/11/2014 3:55:45 PM

Friday, April 11, 2014 3:55:45 PM

Post# of 30505
PCL has dropped, in large part, because many investors (improperly, IMO) treat it as a bond proxy. Bond prices have fallen in the past year as interest rates have risen.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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