I agree with you but
there may also be one more piece of hidden reality. Any breakthrough technology happening in the Big Pharma world,that stands to disrupt the big money system, is something BP wont be happy to see . as long as it threatens BP profits... they have reason to fight against it, and wall street shenanigans is one way they do it. short attack the company. drag the approval process, the FDA is their gatekeeper. etc. People label this concept as a conspiracy theory. its just common sense. BP will allow a medical gadget to succeed but a cancer cure is not allowed.
I agree its very possible to see a suppressed price in a Range from 4 dollars to 5 or 6 for a while. But also possible the wall street short attackers will try to be relentless and take it down to 3 and 2 dollars.
The science is good. and thats why it threatens Big Pharma money system. Many small innovative biotech companies have suffered the same misery. Its the corrupt big medical money system. It wont change until Trump administration intervenes and forces it to stop. Its a big swamp that needs to be transformed.
I think its idealism investing and I get sucked into it myself. All my biotech investments have done this giant surge and giant collapse. AVXL,GALT,Biotime, remember that one? CTIX,IPIX,now MRKR. I cant think of any that were independent from Big Pharma that made it to the top unscathed.
Its very dangerous to be too overly invested in any of these baby bios. and I think the only safe way to play them is to trade the waves, and not be too heavily invested. maintain a balanced portfolio. I own too much AVXL and IPIX and until recently too much MRKR.
Look at todays slam down as soon as it spiked to 5.40.
Maybe the 5 dollar step will become support now but we will see next week what the powers of manipulation do next with this price action.
It was a nice and welcome pop, but too fast and too brief. and sold down again like it never really happened.
