I like this part (in your link).......'But what actually happens is the buyout comes before the big event. You see this in biotech all the time. Companies have an important phase 3 trial coming to conclusion soon. They’ve seen the initial data and they know its great. They’ve also shared this data with the companies bidding to buy them out.The bidders know that once the data is released, the stock will jump huge. So, they need to act quickly. Before the milestone is reached, the company is bought out.Thinking you were being smart, you waited to buy. But that’s what they wanted you to do. By waiting, you left more stock on the table for Wall Street to gobble up.This is why if you believe in a company, you must buy it, hold it, and avoid looking at it on a day-to-day basis. I find this easier if you own a lot of companies.
Sounds like BOT all over!
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $640.6M |
Open | High | Low | Value | Volume |
35.5¢ | 36.0¢ | 34.5¢ | $1.196M | 3.408M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 531939 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 340926 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 506325 | 0.345 |
23 | 847077 | 0.340 |
13 | 290343 | 0.335 |
10 | 275222 | 0.330 |
8 | 297013 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 342926 | 12 |
0.355 | 238612 | 14 |
0.360 | 290935 | 10 |
0.365 | 484665 | 7 |
0.370 | 218000 | 2 |
Last trade - 13.33pm 17/10/2024 (20 minute delay) ? |
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