RE:RE:RE:Pressure off VRX...up we goThe divergence from VRX is happening and will continue to happen as intelligence returns.
That "sector" association is very, very short lived. Look at all of these in the past. All ships get taken down, the strong ones survive and the stock skyrockets. If the stock price doesn't, the company gets taken over in a hostile bid.
Drug companies don't have the problem of a sector wide pricing issue that resources have making these artificially beaten down stocks a screaming BUY!
I would bet the hostile bids have been lined up on this.
Either way, only but blue skies from my perspective!
People buy on hype. They buy overpriced stocks hoping the past trend dictates the future. Silly.
What we are seeing here people is trend reversal. If you don't see this, buy mutual funds.