Wednesday, July 27, 2016 3:19:31 PM
If you're referring to $heff picking the stock, that might have caused some of the recent volume, but his I-Hub board doesn't seem to have the following it once had. There's probably some other entity out there becoming involved with the stock.
The good thing is the share price has been resilient and hasn't retraced much. Chart-wise it just put in a golden cross and the stock formed a bullish inverted head + shoulders, although TA/chart patterns tend to be less reliable in this sector due to the binary nature of biotech.
The way to win in bio over the long haul is to diversify and be patient. That's how the pros do it, the Baker Bros for example. Resist the urge go hog wild in any one stock.
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