Replies to post #249967 on Biotech Values

[Whalatane]

Ha. thx. the rollercoaster ( emotional and portfolio balance ) that investing in this space generates .
I thought CERE might be able to improve on the current drugs for schizophrenia ( efficacy with fewer side effects ) and noted that Pfizer and 2 funds held 62% of the stock ...so deep pockets etc . Stock had appreciated since recent funding ...something I believe you had noted as a positive indication for future appreciation in other biotechs .
I was surprised by this deal tho .
Huge vol last couple of days . I imagine some recent call buyers are celebrating tonight .
Kiwi