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12,874 Posts.
1421
18/06/12
19:49
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Irrespective of the current share price, Biota will back door list on the nasdaq
Irespective of the share price at listing, Biota will develop "THE DRUG" courtesy of a UNITED STATES grant
People are fixated on the market cap of Biota now.
Don't be
History will repeat itself
It is just a matter of time
In fact timing is very important - when investing
I have said it before and I will say it again
Let us take the example of Qantas
Two weeks ago the share price was $1.50
At the end of that week it was 96 cents
The new week started with a bang, and a week later (today) it was more than 24 percent above the low
When no one loves a stock, that is the time to buy
I purchased Biota, at current levels
However I would like to buy a lot more
There seems to be a 74/75 cent low/ceiling on the stock
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