BTA 0.00% 57.0¢ biota holdings limited

disappointing opening, page-2

  1. 2,027 Posts.
    re: disappointing opening-not not too bad rising to 2.00 as the FDA and others have come out to say tamiflu's ok i think performance is quite good. People still think BTA is a speculative stock rising and falling on the sentiment of bird flu rather than a stock with huge income streams coming on board. This makes it quite amusing to watch frenzied buying then frenzied sell offs as people dont want to be the last off the bioat, when it's future income is probably more dependable than many other staid companies. Most people are slow in realising this and have predjudices built in about biotechs, thus the poor performance relative to it's estimated future earnings. Just a good opportunity for those in the know to accumulate.
 
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