TheStreet's biotech columnist offers his own report card on biotech stocks.
Using Northwest Bio as an example, I'm going to teach you how to read clinical trial data to find red flags and bad stuff biotechs don't want you to see.
The cancer immunotherapy company's cash position has plunged to the point where it may no longer be capable of paying its operating expenses.
A defrocked analyst brushes off the serious problems weighing on Northwest Bio. Instead, he jacks the tired 'blame the shorts' excuse to another level.