IBB/VOO Ratio Exploding

The iShares Biotechnology ETF (IBB)/Vanguard S&P 500 ETF (VOO) ratio is exploding once again today to new multi-year highs. With the AI bubble going bust and Binance being hacked by North Korea and everybody’s Crypto gone… biotech stocks are becoming the only real safe havens in the market. It doesn’t matter if VOO declines by 80% next year, Medicure (TSXV: MPH) will get FDA approval and it will become a US$200 million+ market cap company and there’s almost no downside risk because of MPH’s rapidly booming Marley Drug telehealth business.

Medicure (TSXV: MPH) is the world’s lowest market cap stock with active Phase 3 trials. MPH is the world’s lowest market cap stock with a revenue generating telehealth platform. No other small-cap stock has both!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 87,000 shares of MPH and intends to buy more shares. This message is meant for informational and educational purposes only.