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Welcome to biotechs, where: * companies will not have any...

  1. 72 Posts.
    Welcome to biotechs, where:

    * companies will not have any revenue or hope for revenue for many years
    * your hope is invested in intellectual property, and usually just a couple narrow pieces
    * companies raise just enough money to not dilute the heck out of themselves, but probably need to raise more to dilute themselves
    * the price is dependent on a few binary events

    Not many of the current buyers bought for the science. The science has not changed nor been proven a failure in the past year. People bought for other reasons, such as according to analysts who decided it was a buy at 10 cents, and a sell at 2 cents a couple months later (huh?!?). Unfortunately it's all driven by market sentiment and my sentiment does not change according to stock price unless the executives are all dumping. So I still stick by what I said a few months ago. It is a great risk to take at the 2.5 cent issue.
 
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Buyers (Bids)

No. Vol. Price($)
22 9749314 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 6184296 27
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