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slick

14,680 Posts.

7892

01/12/21

09:21

Post #: 57984159
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Originally posted by JabraD: ↑

alot of bios have received no love during the pandemic, hence why I believe alot of money will soon move from commodites to bios as I think the commodity first bull leg up is over and itll trade sideways now for the next 4-6 months

I like IXC as a bio as not only is the chart setting up well but its valuation is ridiculous when you compare to other phase 3 bios like PAR (500 mill MC) and OPT (420 mill MC)... IXC is only 49 mill MC with 32 mill cash

But yes plenty of other bios still at their lows....

Give it time

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Not sure about any of that, Bio's have been extremely strong over the past 6 quarters presenting fantastic returns.

Cheers
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