Biotech Values

[microcapfun]

>>If this is true, why are there often sharp moves in the share price of biotech companies just before an abstract is posted on the web?<<

I hadn't much noticed this effect other than with ASCO, but let me assume you are correct. Conference organizers, session organizers and referees see the abstracts before the general public. As do those people who collect the abstracts and organize the web pages where they are posted.

The latter group probably can't make sense of them, but they might be able to sell them to those who can.

micro