Prohost Letter #384
The Assassination of the Biotech Sector The Market (Part 2)
On Friday September 18, 2015, the biotechnology sector occupied the news headlines for two different reasons. The first was the sudden unexplicable and unexpected plummeting of the biotech sector. The stocks were flying sky high until modday and suddenly, all the biotech stocks, without exception, took a dive.
The second reason was the triumph of biotechnology with two drugs that brough back hope for late-stage . . .