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Re: 123tom post# 28503

Friday, 09/13/2019 9:50:52 AM

Friday, September 13, 2019 9:50:52 AM

Post# of 34626
Yes. Biotechs are do rise and fall on sentiment. If your system has worked for you, fine. However, the real money is made by picking and sticking with a real winner or two. Much easier said than done and I will grant you that once the science is thoroughly understood, there's still a big element of luck because it's very difficult to predict trial results with confidence.
My point is that you can sell just when you think the top is reached based on a chart and the next day you get another CR announced in the PC trial for MRKR that could double the SP.
Channeling is a game of chicken while waiting for data announcements, which tell you the real direction of the company.
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