NEU 0.00% $13.65 neuren pharmaceuticals limited

You're welcome. Yes, the 'psychology of trading' point of view...

  1. 409 Posts.
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    You're welcome. Yes, the 'psychology of trading' point of view is the only rational reason you can make a large investment in a speculative stock such as this (a small investment is of course another matter - a very large payout in a few investments can outweigh smaller losses in many). One can opine on the 'medical fundamentals', about the apparently good science behind it, the heavy backing of the US Army, the excellent executive chairman etc, but there it the very important matter of the 'unknown unknown' which could very easily nullify all those other things, and render the NNZ compounds as failures. In medicine, with experience, comes the appreciation that despite all our text books, clinical trials, diagnostic testing, and learned professors, patients often just don't respond to a treatment like they are supposed to (damn it!). It's due to the profound complexity and variability of living organisms. Yet our medical knowledge is founded on a much greater level of empiric evidence than exists in the share market. So if I am cagey about prognostic advice given to a patient, anyone making confident predictions about the outcome of Neuren's trials is deluding themselves.
 
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