Biotech Values

[Jonathan Robinson]

Just so folks are not surprised, realize that for some reason NVAX was in almost every single etf, including the three main ones: IBB (minor), XBI - will shave 1.3% off ETF absent other moves, FBT - 3% shave coming. Most important is that FBT parent index is BTK and it is still used by most as health of bios. Health looks much worse on 1 minor company failure! OMG bios are selling off. Most commentators know not of what they speak.