Theriva Biologics Inc (TOVX): Nice post BooDog. I will just throw it...

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Re: BooDog post# 7211

Friday, 12/02/2016 11:42:05 PM

Friday, December 02, 2016 11:42:05 PM

Nice post BooDog.
I will just throw it up and people can see what they want to see.
http://stockcharts.com/h-sc/ui?s=SYN&p=W&st=2011-01-02&en=today&id=p49524722434

Maybe because people tend to cluster, bot action, some financially fundamental logic, market sentiment or combination etc price bottom will somehow correlate with something tangilble. IMO, reality is that no one knows the bottom. The choices become: 1. I don't like the stock and move on now; 2. Try and catch a falling knife: 3. Buy in pieces and average my bottom price; 4. Wait for a confirmed bottom and be happy with whatever the price turns out to be; 5. Wait until a known catalyst is on the horizon and play the run before news and re-evaluate. Probably others, but everyone has the idea.

SYN has revealed again the difficulty of bio investing and the value of not having too many eggs in one basket.

Best Wishes for all.

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