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