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/biz/ - Business & Finance

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>> No.15590718 [View]
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15590718

>>15590652
>buying the top

>> No.15098212 [View]
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15098212

>>15098034
Have you read A Random Walk? Remember the biotech bubble of the mid-1980s? Genentech? This thing looks to be a holdover from that era Price multiples based on what could possibly happen and analyst predictions? Why is this any different? A forward P/E of fucking 86.25? Where is the value here? I dunno man. Biotechs can certainly take off and make people insane money, but 9 times out of 10 it's either overhyped, or the products/company will fail.

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