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Monksdream

06/24/21 6:55 PM

#507305 RE: naturallyk2 #507304

In 2020 the world changed. No more fundamental research. No more picking apart balance sheets, income statements, cash flow, debt to equity, market value to book value ratios, all the usual stuff that stirs the gonads of a Certified Public Accountant.

Margot Robbie from the movie The Big Short will explain it to you:

https://www.bing.com/videos/search?q=the+big+short+movie&ru=%2fvideos%2fsearch%3fq%3dthe%2bbig%2bshort%2bmovie%26FORM%3dHDRSC3&view=detail&mid=229F10099BBCB444E96E229F10099BBCB444E96E&&FORM=VDRVRV
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Monksdream

06/24/21 6:55 PM

#507306 RE: naturallyk2 #507304

In 2020 the world changed. No more fundamental research. No more picking apart balance sheets, income statements, cash flow, debt to equity, market value to book value ratios, all the usual stuff that stirs the gonads of a Certified Public Accountant.

Margot Robbie from the movie The Big Short will explain it to you:

https://www.bing.com/videos/search?q=the+big+short+movie&ru=%2fvideos%2fsearch%3fq%3dthe%2bbig%2bshort%2bmovie%26FORM%3dHDRSC3&view=detail&mid=229F10099BBCB444E96E229F10099BBCB444E96E&&FORM=VDRVRV
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deadjim

06/24/21 11:14 PM

#507316 RE: naturallyk2 #507304

BCTX is a biotech right? Bios are never valued based on balance sheets. Always pipeline