Perhaps the silliest biotech-newbie mistake: “If knowledgeable posters are bashing a stock, it means they are trying to ‘accumulate’ shares, so it must be strongly bullish!”
I’ve seen this posted literally hundreds of times on biotech message boards; the most recent instance was on the PPHM board a few minutes ago: #msg-70072332.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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