Bio tech companies have been smashed in a nasty manner over the past 1-2 years. I got another bio tech company in my portfolio. Its chart just looks exactly the same ugly as 4DMedical. Even though I was lucky with that one because my entry point was very close to its current record low, but I wasn't that lucky with 4DMedical. 4D is now the worst performer in my portfolio.
However, the way market evaluate most of those companies are just rediculous. The fundamentals have never been changed. It's just the investors' sentiment in the toilet at the moment. In this kind of the environment, we probably have to let these capitals fall in sleep for some time. I don't think any material announcement will make any difference. There is nothing we can do in a bear market with decreasing liquidity. Any significant announcement will probably only bring about more sellers, cause most panic investors and traders will just sells the rally. Things will turn around eventually anyway, and it always does. All we can hope is that 4D doesn't need capital raise before that I guess. I have a close friend working for 4D. I know their business is as usual, and there is nothing to worry about. Just be patient investors.
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51.5¢ |
Change
-0.015(2.83%) |
Mkt cap ! $217.5M |
Open | High | Low | Value | Volume |
52.5¢ | 52.5¢ | 50.5¢ | $127.2K | 246.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16274 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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51.5¢ | 24450 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1096 | 0.525 |
5 | 90346 | 0.520 |
1 | 6000 | 0.515 |
5 | 34950 | 0.510 |
5 | 36150 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 40780 | 2 |
0.545 | 35619 | 2 |
0.555 | 6200 | 1 |
0.570 | 25000 | 1 |
0.580 | 49976 | 3 |
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