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Re: LakeshoreLeo1953 post# 204540

Monday, 08/05/2019 11:11:32 AM

Monday, August 05, 2019 11:11:32 AM

Post# of 463657
Exactly. Biotech is the safest (relative) place to be other than gold, and now bitcoin, because a successful trial has no correlation to geopolitical factors that would tank other, revenue-producing stocks.

That said, the risk is still just as great as its always been. Many times in the past people flee to biotech and end up losing it all, when buying and holding blue chips on sale would have been the more prudent strategy.

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