It would be nice to be de-coupled from drugs sub sector yet its a macro sector flush. Its crazy to see ACAD and VSAR and other de-risked situations be hammered. This is when you buy as all the contrarian alarms are going off. You now the Baker Brothers and other generals are adding for a massive run in the mid term future. Anyway, needed to rant. Back to my 1 min charts scalping to pay the bills. Have a blessed gentleman
Q: Why did God create stock analysts?
A: In order to make weather forecasters look good.
thank Wealth. I like how you ROLL brother. see you in the 20's.
HI Wealth, You could be right. very impressed with their traction getting insurance companies. be nice to see blue cross drop for them. hoping TROV gets the same reception. good luck with BIOC. I think you will do well.
I did a lot of DD on BIOC over last weekend. My conclusion was that even though its1st to market with a CTC and from my understanding a cTdna test via blood its lacks the industry visibility and credibility needed to sustain a substantial slice of the market. Albeit , they will get some traction and continue to show huge REV growth as they did last Q. Yet once MYGN gets into the space ( blood ) via CTC they will dominate the space as they have over 900 ( approx. ) insurance underwriter relationships and hundreds of thousands of Doc relationships. BIOC recently made some very SR MGMT changes as I believe they realized they missed the pre roll out credibility piece. Which is what TROV is focused on. Docs need to be convinced via data and crowd sourcing versus slick PowerPoints. with all the being said ,I still liked BIOC for a small trade yet my concern then turned to their balance sheet which tells me they will raise soon. thereafter, it might be worth a small trade for me, which could be confirmed with Q1 results. nevertheless, that's my humble opinion. I now await to be slandered by everyone ! PS: I don't think you can get that hurt making a bet on BIOC down here. I just happen to believe TROV is the right horse to place my bet on in this emerging space. fingers crossed.
tight trading range until next catalyst. Which should be around the corner. Expecting data set back from clinical beta roll-out and insurance coverage update. patience will be rewarded here in my humble opinion.
As a patient i would want to know asap so i could try something else. Its a terrible situation yet knowledge is power and in the case if cancer time !!! Time is everything in critical care.
Not sure of source. Found in good awhile back. Should be easy to locate. Glad u found it informative. Knowledge is power when investing in bio space.
look at Volume is that showing your conviction ? its all about volume.. typically this dip would have been met with huge buying . thus, the sentiment is negative. on a macro bio sentiment and especially in the sub sector of diagnostics. read the tape not the tea leaves. i'm stuck in this position now. hoping we get some good news !! soon.........
ED you should not that this board might control .000001% of float. nothing written here can move a stock on iota either way..
just look at the other diagnostic companies. their is no real buying. other then ILMN which is a beast. that tells me longs are giving up. when you see a huge sell off being met with 3 x normal buy side volume that indicates enthusiasm. just saying .. been trading for over 20 yrs. you can check me out at tracking the insiders dotcom. that's me in vid.
Why do you engage with such hostility. the retail sentiment is very low across the BIO space and especially in the diagnostic space. from my reading on the LION and TWITS it seems like longs are giving up. I believe this to be a contrarian indicator. neverhtess, this is my perspective. its ok not to agree yet to attack an opposing view is unnecessary. put me on ignore and have a blessed life. all good brother. I'm just a surfer in cabo , trading full time .nothing but good vibes for you and everyone. I write on the boards as I have time between trades. TROV is mid term position for me.
I stand by everything I share ! I believe character counts and that god is watching every move. I don't think there is anything wrong with bringing god into a financial discussion as Pepsi once stated as I believe everything is under his domain.
I did as I'm uncomfortable when you berate me for sharing my learnings or sentiment as my family follows. We should all be able to share without being attacked. Please ignore my posts thus eliminate your need to attack me. god bless and thanks