Biotech Values

[edcoolidge]

That's what I thought as well, but the timing of the comments from ABBV are clearly responsible for that drop this morning.

I definitely still think a hedge fund (or somebody) is manipulating the price lower. Whether that's because they heard through the grapevine about a potential raise or they're just bearish about near term sales is impossible to say for sure.

It does seems pretty clear that they will need another raise at some point if a buyout is not going to happen in the next 12ish months.