RE:RE:IS SOMETHING UP BEHIND THE SCENES?birch1 wrote: you saw the nr. no news. down we go.
Not necessarily. The NR is the offer Forty Seven might get from Gilead....
It's like the marijuana stocks when Canopy Growth and Cronos Group announced deals,(Constellation and Altria respectively) they all went up together.
What really got investors hitting the bid today is the potential for Trillium to grow. There market cap is a fraction of Forty Seven, if they're successful, we can see a big run up.
Were you not the person who was telling everyone to sell a couple of weeks ago? Something about the PP being $2.75 so we'd be trading below $2.75? What happened? Yes, we almost hit $3 for a second before we almost doubled in SP.
I remain my HOLD rating. Yes, we might go down 20% next week(or we can go up 50%).... but in the medium-long run, we'll be trading at higher levels than we're trading today.
The question is, when should you buy and get back in? I've been holding shares from the 50cents and 60cents and could've sold for a big profit a few weeks ago at $4 but I'm glad I held and we almost saw $6 today and closed at $5.05. You just missed out on another run because you're too greedy.