You may be too optimistic. BIOs may have hard time next year.

Many BIOs are going up solely based on merge & acquisition expection. However, Fed are increasing interest rate and the crisis just started at junk bond market will make many companies difficult to finance the cash which is used to buy other companies. The M&A activities may reduce significantly next year. Also, if Hilary gets elected, with her unfavor health care policies, BIOs will have difficult time next year.

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• 我说的 是近期 是短线。 -探红尘- ♀ (0 bytes) () 12/18/2015 postreply 08:44:27