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DewDiligence

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DewDiligence

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Re: DewDiligence post# 198708

Tuesday, 02/16/2016 12:04:01 PM

Tuesday, February 16, 2016 12:04:01 PM

Post# of 252710
Factoids: 74% of the 142 biotech IPOs since Jan 2013 now trade below their IPO price; the median of these stocks is -35% from its IPO price and is -70% (!) from its all-time high.

http://www.forbes.com/sites/brucebooth/2016/02/15/quantifying-the-carnage-biotech-ipo-markets-in-turmoil/#2eef15f12176

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

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