RAC 2.11% $1.45 race oncology ltd

Biotech start ups appear to be poisonous to the general market...

  1. 6,376 Posts.
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    Biotech start ups appear to be poisonous to the general market atm….cash is king…..means if you don’t produce profit your potential is not only worth zero ….it has a negative push south….sure news is due but with unsexy stocks in unsexy sectors there are 3 possibilities……bad news….SP crashes & fast…nothingburger news….red day follows…..great news SP spike…traders dump into the news…possible red day result….SP either consolidates or drifts lower between now & next news. This is from me who has way too many biotechs atm !!!!
 
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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