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Replies to #4281 on Biotech Values
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DewDiligence

10/22/04 11:36 AM

#4283 RE: MatrixMan #4281

>> I enjoyed another 5k at 1.40 just a few minutes ago. Starting to seem like it is being thrown away no matter what the price. <<

That means you were competing with me on the bid. No hard feelings :-)

What we are seeing now with GTCB reminds me of what occurred with COR a few months ago. COR dropped from the mid 2s to .40 for no particular reason. (It then proceeded to double in short order based on a single CC and some promising words about a phase-1 program).

The market in these small-cap bios stocks is grossly inefficient, and that’s the way I like it!