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Re: jmkobers post# 223857

Monday, 03/04/2019 10:35:51 AM

Monday, March 04, 2019 10:35:51 AM

Post# of 257288

Something doesn't add up...

Inefficiencies in the valuations of small biotech companies can persist for quite a while. For instance, ENTA was trading at ~$45 as recently as Nov 2017—several months after Mavyret's approval by the FDA and CHMP (#msg-136356320).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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