GREY:ATBPF - Post by User
Post by
rtftech16on Mar 23, 2018 12:03pm
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Post# 27770421
Understand this
Understand thisWith these types of companies, In my opinion, the market works like this: You need to find a great company first. Once found, buy at a fair price. When something like the phase 2b news comes out and it pops you need to sell, take your capital and some profits and leave some profits in, once it goes back down when the hype is over (and it always does) then you buy back in at a fair price, then hold (and this could be years) until they build their business out and/or sell to the highest bidder. Building a business doesn't happen overnight and once people realize this thats when the stock goes down, and down, and down. Well thats great because if no bad news against their business model or product offerings have come out/changed for the worse, you've found a great company, and the share price is on sale, you have yourself a buying opportunity. Thats what I see here in the 0.30 - 0.50 range. The longer it takes for a buyout and/or marketing the completed product after phase 3 and regulatory reviews the lower it will go in my opinion. People don't like to wait and then they sell, thats just how it is. Learn to work within that and you'll be good.