Chairwoman Yellen opined that most small cap biotech firms are overvalued. When pressed to provide an example she said, "Well, Ariad Pharmaceuticals comes to mind. It's an overvalued POS if ever there was one." The crowd was stunned. Several young cub reporters raced off to their teletype machines to send the flash bulletin around the world.
This one's done folks. Shareholder value destroyed for 23 years and you think it's going to change now? Can a leopard change its spots? No.
I will not sell you even one of my shares when it rockets to $80.00 per share and you are screaming for mercy as you lose all in one day even one hour of trading. You are a mean, mean man who deserves to get caught in a squeeze.