BioTech Armageddon
Hey guys,
The biotech sector has been doing really badly for the past few years. Since its insane rally in the 2013-2015 periods, the IBB has not been able to recover itself. This downward trend has been exacerbated by the many influential people, eg. Trumpt/Pope Francis, slamming the industry and stock prices have plummeted over the past year.
With many retail and institutional investors still holding on to their Biotech positions, it is a good time to enter or is biotech dead money?