BTA 0.00% 57.0¢ biota holdings limited

prophet - i find it hard for funds to accumulate this stock at...

  1. 319 Posts.
    prophet - i find it hard for funds to accumulate this stock at this price. IMO the stock is overvalue or fair value at best. The stock has gone up so much (i mean from $2 to $3) is due to existing shareholders not wanting to sell, while new holders, hoping to catch a bit of the action continue to buy thus pushing it up higher. Of course, they got a reality check when it was downgraded.
 
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