Replies to post #103442 on Biotech Values

[jbog]

bxjwn9,

How can you say that the TEVA approval uncertainty is not weighing on the price when it tanked after the SB analysts comments

I would expect that the SB statement would create a immediate downfall at that point. The decline that happened on the last two Monday would be more logically tied to IMS data releases.


We'll see

[zipjet]

How can you say that the TEVA approval uncertainty is not weighing on the price when it tanked after the SB analysts comments?

Jbog draws inferences from the direction of stock movement and filters out all data that does not support those inferences. He then constructs arguments from the filtered data that confirm the stock movement. This is the rationalization of trend following, a common TA approach.

Anyone who concurs in that approach should follow his lead - he is the best at this.

ij