InvestorsHub Logo
Followers 182
Posts 11456
Boards Moderated 0
Alias Born 01/25/2010

Re: ARBITRARY & CAPRICIOUS post# 87728

Tuesday, 05/05/2015 12:11:38 PM

Tuesday, May 05, 2015 12:11:38 PM

Post# of 97239
Well, it IS a significantly red day for biotech and smallcaps-- e.g., look at XBI biotech etf.... down looking to test its 100dma, well below the 50dma.

MEIP will likely zoom back up when money comes back into biotech.

Meanwhile, geez, it looks like all the money going into biotech is going into trading PTBI today-- already nearly 24M shares traded and it only has 20M shares outstanding and a float somewhere under 2M!!!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.