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Re: rafunrafun post# 113693

Wednesday, 09/06/2017 11:42:24 AM

Wednesday, September 06, 2017 11:42:24 AM

Post# of 425927
Because I can make more money .....

AS I have stated I think there will be success in subgroups ( diabetics with high trigs low HDL) - this will result in initial surge in stock price - then reality sets in and price will drop . I will ride that initial wave in and then hop off.

I see this often with biotech. Several years ago a few weight loss drugs came out. I knew they were useless - weight loss not as good as older treatments and significantly more expensive - yet there is a huge desire in this country for an effective weight loss medicine - sure enough the hype drove stock prices up then reality set in and they collapsed - I rode the initial hype knowing the drugs were not what they proposed to be.

as you know better than me stock prices often initially reflect more on human emotion rather than value to society - this is most true in young biotech. In older established industries I do believe stock price is much more reflective of a companies true value to society rather than emotion - in new biotech emotion reigns.

There are several types of poker players - there are you true savants that can memorize every card and know the exact odds of every move - and there are those who can simply look across the table and read your face ....
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