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ralphey

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ralphey

Re: ziploc_1 post# 123680

Wednesday, 03/07/2018 11:38:18 AM

Wednesday, March 07, 2018 11:38:18 AM

Post# of 427300
Exactly - nothing has changed so why the movement ? Because as I have posited previously - unproven ( ie not generating profits) Biotech stocks are built on hopes not reality - as long as you can analyze the "tells" of the players you can make money in biotech - Warren Buffett would never invest in them - unless they were already making money - early non established biotech is a hope of making money.

The Cantor release buoyed hope and stock goes up - all based on supposition - hope wanes and the stock drops - ride the waves and its almost as fun as kiting
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