GREY:ATBPF - Post by User
Comment by
MrMugsyon May 20, 2022 11:52am
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Post# 34698499
RE:RE:May be Time to Buy Biotech Stocks - Contrarian Buy Signals
RE:RE:May be Time to Buy Biotech Stocks - Contrarian Buy SignalsForestview wrote: Thanks for this Davgro. I did a quick and dirty check on Yahoo finance for a few other biotechs that followed the same pattern as ATE - high in Feb 2021, and then a steady decline since. All of them, and I know it was a small sample size, but all of them followed the same pattern. Just as interesting was the comments - people saying the company was done, the management team useless, the products a failure. This isn't an indication on ATE, this is likely sector wide. Just my two cents.
davgro wrote: ‘The capitulation model for biotech is a Category 5 storm, the same as energy in 2020’ — why contrarians say the sector is a buy. If you want to know how much investors hate the biotech sector right now, consider this simple statistic: More than 25% of small biotech companies have stock-market capitalizations that are smaller than their how much they have in cash.
“The market is saying a quarter of these companies are literally worth nothing,” says Jefferies biotech analyst Michael Yee, who recently published this insight.
That’s remarkable. That 25% is the highest in 15 years — higher than even during the agonizingly long bear market of the 2008 financial crisis.
https://www.marketwatch.com/story/the-capitulation-model-for-biotech-is-a-category-5-storm-the-same-as-energy-in-2020-why-contrarians-say-the-sector-is-a-buy-11653057284#
And I'm looking for the small companies that really do matter and are sucked into the pricing (for now).
I truly believe we have solved a 50 year old problem and the P2 data shows it.
Right now - with everything we know, it is best suited for acute pain and can deliver quickest on the acute side (thanks to the potency).
Finally, I never gave up on chronic and everything I see says we can solve the issue with more time between doses and even a pause between regimens (if we absolutely need that pause). forget about "flare-ups" only or a hybrid Naproxen/OTENA regimen - not needed !!!
Just my opinion ... but ... I also understand the right opinions can make us rich while making the wrong call can put me in a corner, all curled up (naked), and crying !!!!
: )