I laughed..if you've spent some time on this board you know the ever rotating wheel of regurgitated pumper spiel..lol
after 12 years..just a reminder.. and down from near 15 bucks..just a reminder...and they are far behind others in car-t development...just a reminder... Proceed with caution.
i follow 30-40 plus bios and etfs the momentum slowing in many of them..it could change but its a yellow flag..ibb may make it to 280 on this run? after that not so sure.
i think 4.50 is close enough..i know you like to diminish distort and belittle those who don't have a supremely bullish point of view .. I look at momentum indicators valuation etc..looks to me without news the bounce is done and momentum is waning. my track record with ziop has been spot on if you ask me...still a valuation issue at this stage of the game..not justified in imo.
Alaskan permanent fund has a billion dollar investment in Juno..they consider it the leader in car-t therapies. Ziop still struggling with stage one after 12 years...better to diversify if you believe in this area of biotech imho.
what fundamentals?? no earnings nothing not even a stage one therapy after 12 years..all hyped biotechs like ziop were mostly crushed....its called a bubble..emperor no clothing. You've had a nice bounce thats all.
the lucky ones..it's like longs picking a bottom..smart shorts do their dd just like longs...they wait for their scenario to develope just like longs do..professionals likely shorted in increments above their models of reasonable valuation..speculation is speculation..if you are making a bullish bet someone who feels differently is betting against you...that's why I discuss valuation....call me cheddar or whatever you like to make me seem insignificant I know what I'm talking about.
you never know..you never know..if you're so confident why do you follow it so closely? shorts have been correct since 15.. i guess 4.50 it was time to cover that was nearly 75% correction ..but sure a nice double from the lows if you are risk tolerant..hindsight is always 20/20.. its all risk reward and risk management imo..thats how i look at it.
boy two thumbs down in a matter of minutes..someone lives here glued to the screen..with lots of id's so many thumbs possible..now who could that be? must be quite a list to keep track of?
breaking 10 will be tough..just remember so far a developing company nothing beyond stage one so clearly not a news driven run up...probably a sell here imho .. but I'm surprised by the move..a squeeze was inevitable..juno was my horse. gl and the bs will start in 1 2 3 4..lol valuation still nuts.