Great writing Led. It's a sea of red out there right now and biotech is part of that blood bath. But oil, China and Fed interest rates are just a mirage right now that don't actually affect the ongoing basic, pre-clinical or clinical science. If one truly believes in the science of company XYZ and their future potential to develop blockbuster drugs, attract licensing deals and/or be bought out, then it is easier to ignore (or at least minimally panic) the current state of the market. Thanks for the perspective.

BearDownAZ