Nah.
Pharma is horrible to hold on a risk reward basis through waiting for news.
The stock is selling off as someone is trying to get shares.
Once they get what they want, it will start bouncing.
There are a lot people that held and are up.
Easy to scare them out dropping from $2.50 to below $2.00
Today's deal sounds good, it's just that someone tried to get cheap shares.
It's best to find an entry on pullbacks on good pharma news because there is plenty to shakeout.
It's finding support for a push later.
Pharma is horrible to hold on a risk reward basis through waiting for news.
The stock is selling off as someone is trying to get shares.
Once they get what they want, it will start bouncing.
There are a lot people that held and are up.
Easy to scare them out dropping from $2.50 to below $2.00
Today's deal sounds good, it's just that someone tried to get cheap shares.
It's best to find an entry on pullbacks on good pharma news because there is plenty to shakeout.
It's finding support for a push later.
Recent CGEN News
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