RE:RE:RE:Something big happenedCouldnt have have said this better myself. These in fact changes a large part of the thesis out there as everyone was counting on Clinton winning and so the model of growing my acquisition was dead.
This is no longer the case and now all these pharma and biotech stocks will make more money,and contribute to job growth rather than killing companies by the numbers with more red tape.
greatplay wrote: Sorry for your loss... I was talking about technicals and you are talking about general. If you want to talk about general.... OK... Donald can't help with Concordia problems, but you are thinking straight... In recent years Government printed so much money that they want to be somewhere. After Trump win, they are going to drug companies, banks, oil, etc; away from tech, hospitals, etc
Now back to Concordia, one of the problem that will be solved, Government will turn a blind eye to drug increases, basically company's model that allowed it to go to $100+ is back in play.
It won't happen overnight, but money are moving in advance. I'm not saying it won't go down, every jump usually follows by 25-50% retrace, unfortunately nobody knows where the jump stop, it may be $5 USD or maybe $10 USD.... You are in it, so it feels like 25% jump today is big, but stock stopped behaving on % level, it was before last quarter, now it's all about whether somebody wants it or not