GLTAH

Well that person is just silly and a big gambler isn’t it? A very expensive lesson learnt. I always adhere to the old adage of “never put all your eggs in one basket”, especially on a spec biotech stock.
I was implying to TechSpec00 post that if BOT struck a $100 million commercial deal annually and it’s still trading at under 5c, then I will go all in, including my house and my left nut! Because that is when the market is just dumb and I’ve seen the market behave irrationally and illogical at times but that’s only in the short term. It will always even itself out in the end. It’s all about sentiment and human emotions that make the dynamics of the market and it’s up to you to pick the undervalued and unloved stocks out there and be patient. It’s basically smart money vs dumb money and see who wins in the end!

All BNPL stocks were hammered during the March Covid 19 crash and I bought SZL at 0.52. Now it’s trading at around $6.50 and APT and Z1P are trading at yearly highs now after crashing to yearly lows in March due to uncertainty and human emotions.


@marsman86, I will keep accumulating if the price stays below 5c as I see huge upside and minimal downside at this level following the announcement. I have to average down now after been caught out in the first BTX 1503 results announcement and have been waiting for this announcement for confirmation from FDA. Patience is the key here and I have plenty of that!

GLTAH