That's a good post Jesselton and I think meerkat does make fair points - many biotechs over the years have held all the promise in the world and have moved vertically to reflect this although more than 90% aren't able to sustain the raises many investors don't have the appetite for time frames in the sector even the biggest of bulls can be shaken after a number of years as time ticks by.
Part of the rich rewards in the sector is the investor excitement becoming irrational it is more frequently seen than those that actually stamp there place and move through to a highly profitable company or one that is acquired.
It's all time and patience things wont travel vertically forever.
why would you sell?, page-56
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