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Saturday, March 09, 2019 1:53:51 PM
looks up tech. Well that looks promising. Looks up ticker. Oh gawd. Who controls this sector? Gold, Oil I mean even facebook and twitter in dot com bubble 2.0 has their day in the sun. Biotech's seem to trade inversely to what we've been seeing in the S&P 500.
I am by no means a stock expert and babbies first biotech.
Brainstorm’s balance sheet, including a reverse stock split
But it seems this sector is splitting the wrong way.. to fund itself. This is a different animal. looks up netflix for splits. 2 splits. Thats splits not reverse splits. Whole biotech sector seems interested in a merger into a too big to fail than success. Look up how Zimmer came into existence. Imagine if this where current timeline and this guy immediately accepted a buyout upon any recognition. Looks like dark times for the macrocosm of economic productivity or whatever.
Only news that drives the prices in this sector are rumors of a merger acquisition for a reason.
https://www.businessinsider.com/mergers-acquisitions-desperation-2012-1
https://www.forbes.com/sites/michaellewitt/2019/02/21/the-harsh-realities-of-corporate-americas-decade-long-leveraged-buyout/#71abb4a767df
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