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Post# of 257566
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rstor1

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rstor1

Re: oldberkeley post# 63628

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

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

Post# of 257566
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
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