Current market is toxic to these kinds of stocks so it’s a good time to buy. Hard to pick the bottom, I’m waiting till funding is clarified.
Short of earth shattering results nothing is going to happen for awhile . That’s just the nature of the game.
There doesn’t appear to be anything amazing happening results wise here on current trials . So it’s a gamble on future ones. You’ve got a one in ten chance. That’s the brutal odds in spec biotech.
But when the market turns around for biotech then the speculators will return. That’s the time to get out.
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