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Re: biomanbaba post# 4443

Monday, 10/29/2012 11:38:09 AM

Monday, October 29, 2012 11:38:09 AM

Post# of 16750
Thanks for the post. I knew nothing had changed in my investment thesis, but it is helpful to see what is going on within the sector by the numbers and to understand that it is a momentum/technical/high-frequency driven thing rather than a careful re-evaluation of the companies fundamentals. Let's me take a nice deep breath while waiting for the turn around.

This probably makes me very dated and old school, but I find it a bit remarkable that so many in the market are driven by technical indicators and momentum, rather than business fundamentals like valuations and monetization of products. It seems to throw wide the open door to manipulation - along with high-frequency computerized trading. That CLSN closed at $4.30 on Friday only weeks from data outcome and the potential for profound monetization within 12-18 months... is amazing from a valuation point of view...