[讨论] So, how big is the bio bubble?

oldhorse

many of them have  already been cut nearly in half:
xon
nvax
juno
hznp
...
and people still think ibb has room to fall, which I might agree.

should ibb retouch previous low , about 285 or even lower, most of small to mid bio would be around 30%-40% of their highs.

but how come the bubble is so big?
can we say this round of bull market was terminated by bio which is similar to the tech bubble before?

it might need years to recover... but understand people forget pain quickly...