Biotech and resource sectors are really a tale of two extremes today: $CRISPR Therap(CRSP.US) rose a little bit, while $Summit Therapeutics(SMMT.US) and $Critical Metals(CRML.US) performed a nosedive straight to the floor, especially $Almonty Industries(ALM.US). Could it get any worse?
But the most outrageous one is $Lunai Bioworks(LNAI.US), which soared nearly 23% in a flash. This kind of stock halves as soon as you buy it, and skyrockets as soon as you see others holding it. Players who missed the rally are exhausted.
It feels like in this current market, what you hold goes down, and what you don't hold goes up. All we can do is endure patiently. Might as well be a zen-like naive investor and not stir things up.
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