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tigertrader

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tigertrader

Re: LongCYRX post# 1253

Friday, 11/21/2008 12:02:26 PM

Friday, November 21, 2008 12:02:26 PM

Post# of 12137
This why you can't ignore what the broader markets,the sector,and economy is doing...no company is immune.

'Unprecedented' Biotech Bankruptcies Erupt Amid Finance Crisis...
Nov. 21 (Bloomberg) -- The global economic crisis has cut funding for biotechnology companies to the lowest level in a decade, triggering bankruptcies and threatening development of drugs based on biomedical breakthroughs.( more on Bloomberg.com)
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