After five days of deliberation, a Brooklyn jury found Martin Shkreli, the former CEO of the biotech firm Retrophin (RTRX) as well as the founder of Turing Pharmaceuticals AG, guilty on three of eight counts of securities fraud.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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