Sunday, January 31, 2021 6:33:10 AM
You are correct in saying the EOD px is the "correct" px. Brilliant!
But investors look at trends in prices , not one EOD px for decisions. The trend is down. What else does one know except what to expect based on the trends.
The market determines the trends. And the market will tell what the trend is. When the trend changes its clear and indicators will give clues ahead of it.
Here we await for results. The company knows what they are and the FDA must know. But the market does not.And no one else does.
Based on fundamentals, nobody should own it. Based on mgmt no one should own it.Based on technicals its a "watch and see".Based on the science, I see no medical expert who has influence endorsing the science; but I hear allot of chatter from medical outsiders who do. CHATTER!
Decide for yourself what you believe. Then wait to see whether you're a winner or a loser. Personally I see nothing
to convince me its a winner.
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