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Biotech / Medical : Biotech for less than cash value

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To: Steve Lokness who wrote (664)9/27/2022 5:14:57 PM
From: rkrw   of 683
 
Median name was down 50.2% on the year as of that cut, with very few stocks up on the year. Just 6 stocks have doubled vs 25 down 90% or more.

At least one got munched for their cash on hand in TYME. I'm sure they'll be more where that came from. Perhaps some activists will come alive too and try to shut companies down and distribute the remaining cash.

Also seeing some of the lovely companies trading well below cash, raising cash.
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