Bionanao Genomics Inc (BNGO)

[jessellivermore]

Deep6....

No doubt the chart looks nasty...But it is what is behind the chart that is of importance...Low prices offer "asymmetric bets" ..and asymmetric bets offer great rewards...Take the long tale of Amarin..Before the American Heart Association meeting in Nov. 2018. The PPs in the spring the stock PPS dropped to 80 cents. There was not a ton of optimism to say the least..

Because of my strong background in medicine and physiology. I knew the PPs was insane. I bought 100,000 shares for less than $90,000...After the meeting the price went up and was over $20 for several momths allowing me to cash in for over $1.5 Million...I did hold a portion of the stock and lost a substantial amount later on when Amarin lost the patent trial..

I do not see anything that that contradicts the notion the PPS of BNGO is ridiculous and I have some familiarity with the concepts the utility...I am a graduate of MIT and Harvard Med School...I am also a very long term investor in the stock market having made my first purchase *50 shares of Motorola in the 1950s when I was a teenager..

Best of luck...:">) JL