Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,624.70
(
-1.36%
)
US TECH 100
23,755.20
(
-1.56%
)
Dow Jones
46,225.15
(
-1.63%
)
Brent Oil
107.84
(
1.18%
)
Bitcoin
71,219.87
(
-0.03%
)
News Focus
News Focus
Post# of 257257
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

rstor1

Send PM Follow Ignore
Followers 13
Posts 757
Boards Moderated 0
Alias Born 10/25/2003

rstor1

Re: oldberkeley post# 63628

Saturday, 06/21/2008 3:20:39 PM

Saturday, June 21, 2008 3:20:39 PM

Post# of 257257
the market for buying and selling drugs and drug companies is generally quite efficient.

Isn't part of the requirement for an efficient market that there be sufficient liquidity? If so, a market in drug companies has few sellers and even fewer buyers.

I would argue that this is an even more inefficient market.

Regards,
Bob
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now