Iovance Biotherapeutics Inc (IOVA)

[Sunman88]

Good morning and greetings from the beautiful Pacific Northwest.
Upon reflection, over last few weeks the market Gods had decided to look at every news as the “glass is half empty”. No matter what anyone had to say, the market makers refused to see the glass as half full. This was done by design. They placed pressure on all stocks which are burning cash and may need cash again before they turn profitable. The beatings were overdone like they usually are. They elected to forget some these stocks are also on an exponential growth curve and some like IOVA have additional turbo boosters in the wings (Phase 3 trial with Keytruda and Phase 2 trial for NSCLC) which can do a boom-boom.
Sensibilities will eventually prevail like they always do, may take a bit more time. Stocks are still the best bet for great ROI for future generations.
Feds are watching and will relax interest rates in the second half of 2024. Hopefully, this may drive a rally prior to elections. Irrationality will return😅 Best thing to do when market behaves the way it has over the past few days is to walk away and take time to smell the roses . and enjoy the beauty around us. The best things of life are free. Enjoy Mothers Day and be sure to recognize all the wonderful mothers in a very special way.
Wishing you all lots of sunshine and better days ahead.
Sunman