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Re: Grip it and Sip It post# 40673

Wednesday, 05/08/2019 2:23:32 PM

Wednesday, May 08, 2019 2:23:32 PM

Post# of 232964
To be fair, the thing with even good biotechs that ultimately succeed, is that you often don't know where the floor or inflection point is.

If you wait too long, you risk missing the run, and if there is a buyout you don't get anything. On the other hand, if you wait, you might be lucky and avoid a huge downfall while buying at the bottom before the stock turns around. There are some stocks that are loved by market (e.g. Tesla), while others are not. Despite excellent results which alone would justify a much higher SP and market cap, CYDY gets no love from investors.

Sure, those who have been invested here for a couple of years have had high opportunity costs, since almost any NASDAQ stock has doubled or tripled since 2013-2015.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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