Thursday, April 10, 2014

Oh Biotech, You Are a Cruel...[Mistress] IBB

One of our Monday trades giving back yesterday's gains.
Jimmy: Be careful, Beth, because the stock market can be a cruel mistress.
Beth: Well, so can I, but that's not how I want to make my money any more.
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Bill: Have you ever lost something very dear to you?
Dave: Yeah, when I was 12, we had this dog...
Bill: I was actually thinking more along the lines of a large sum of cash.
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Jimmy: [about a stock ticker] It's just like television, except without all those people doing stupid things to a fake laugh track.
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Bill: Give a man a fish, and he'll eat for a day. Teach a man to fish...
Jimmy: ...and he'll spend all his time in the basement tying flies and neglecting his personal hygiene.
-NewsRadio: "Stocks" at IMDB
From The Street:
A painful day for biotech investors (those long) in three graphs:
IBB Chart
IBB data by YCharts
IBB ChartIBB data by YCharts
...MORE