NewLink Genetics Will Break Out And Soon

Wow Its been a rough couple of days for biotech stocksTo start Gilead Sciences NASDAQ GILD has dropped from a high of almost 110share on Friday to a low of 86share yesterdayMany other big names biotechs such as Amgen NASDAQ AMGN Biogen Idec NASDFAQ BIIB and Valeant Pharmaceuticals NASDAQ VRV have fallen with GileadThen there was yesterdays carnage of the iShares Biotechnology Exchange Trade Fund NASDAQ IBB After almost reaching 320 the ETF fell below 300 yesterdayDoes all of that damage mean investors should avoid biotech stocks Not at all You just
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