SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Immunomedics (IMMU) - moderated
IMMU 85.51+0.2%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Renmanco1/13/2020 10:06:05 AM
5 Recommendations

Recommended By
bobbseytwins2001
idahoranch1
KeeptheFaith
rodneyh07
summer_sky

   of 58299
 
Painful, but not fatal. Many biotechs that had great 4th quarter runs have seen strong profit-taking this month as short-term traders rotate into more economically sensitive areas after pushing cap. gains tax liabilities into 2021.

I own and monitor a bunch of biotechs and this is essentially a sector move and not company specific in the absence of a company-specific announced event.

This too will run its course and we'll get back in gear....not sure when but this will abate. Time for biotech investors to take a breath and come back in a week or two.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext