You guys are all selling, but I'm buying.
The best time to buy is when nobody loves the stock. That's what I did with srx, vla, neu, rac, imu and other biotechs.
ptx has many great products, and value inflection points. More cash just reduces the risk.
I can understand people losing faith and selling. But that's what puts share prices low. But buy low, sell high.
One day ptx will have its day and everybody will love them and want in. At that time people will be happy paying multiples of the current sp (like they did/do with the examples above). The trick, imho, is to go against the trend. It works for me.
cheers
You guys are all selling, but I'm buying. The best time to buy...
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $47.51M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 5.8¢ | $31.22K | 531.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131791 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 120329 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.003 ( 4.84 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.7¢ | 158505 | ||
| Last updated 15.56pm 19/04/2024 ? | |||||
| PTX (ASX) Chart |