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Tuesday, February 04, 2020 10:48:25 PM
For good reason -- I learned long ago as a principle to always avoid short term trading biotech-pharma stocks low on cash (under a year's worth of cash burn).
Today (2/4) the filed Securities Registration statement was predictable for anyone who spent just 5 minutes on DD, & also it demonstrates why it's a good rule to avoid trading biotechs with very low cash.
Following that rule for many years already has kept me safe consistently from getting destroyed by surprise bad dilution news while trading a biotech-pharma stock.
December 2019:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152724595
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152931835
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