GREY:MDCGF - Post by User
Comment by
oilandgaswellson Dec 11, 2009 5:37pm
301 Views
Post# 16579730
RE: RE: Re: Price drop....
RE: RE: Re: Price drop....This is the way ALL biotechs act before results. Those who wanted in, are in. Many investors wait until results are out then buy in. Take a look at Human Genome (HGSI) on the Nasdaq. It was .50 cents in March. Last month they had positive news on a trial and it popped up to $29.00. It jumped 45% on the day results were out. Obviously there are buyers AFTER news otherwise early investors can never get out with a profit. RELAX....too many signals that good news is coming. If not, the CEO would have clammed up. Instead he's doing interviews, speaking about phase II. GLTA