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S&P 500
5,708.75
(
-0.93%
)
US TECH 100
19,231.20
(
-0.10%
)
Dow Jones
42,156.97
(
-0.41%
)
Brent Oil
75.70
(
1.72%
)
Bitcoin
61,053.32
(
0.36%
)
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DewDiligence

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DewDiligence

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Re: novicetrader post# 253246

Friday, 09/27/2024 12:36:06 PM

Friday, September 27, 2024 12:36:06 PM

Post# of 253265
BMEA—The stock has rebounded to 11% below its closing price on 6/6/24—before the announcement of the FDA clinical hold (#msg-174556998). I do not follow the stock closely, but it seems reasonable for a small deficit to persist relative to the 6/6/24 closing price insofar as the safety problem that caused the clinical hold could conceivably resurface at some point.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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