News Focus
News Focus
Followers 843
Posts 122827
Boards Moderated 10
Alias Born 09/05/2002

Re: oldberkeley post# 11791

Wednesday, 06/18/2008 12:23:47 PM

Wednesday, June 18, 2008 12:23:47 PM

Post# of 19309
>IMO, this shows that while the street prices companies on past performance, prospective partners/buyers consider potential.<

The way I would put it is this: The stock market can be notoriously inefficient, but the market for buying and selling drugs and drug companies is generally quite efficient.



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

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

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today