Nothing handcuffs you. You do realize the movements in the vast majority of stocks, including THTX, are completely macro-event driven at this point. You could argue some of the hospitality, discretionary,etc.. are warranted and some of the upside stocks like Everbridge may be warranted. But the others are the beta risk of the oveall market, not stock-specific. You are allowed to ignore daily stock prices too. Once there's actual fundamental news on a stock, it will likely filter in to the valuation and provide some footing (either up or down) based on how that information affects the future value of assets and cash flows. I would guess as more and more companies see the effects of the shutdown you'll get a slew of profit warnings. From SPCeo's last sales update, it sounds like they may have some lightness they will talk about, but it's not like a hotel company or anything. And as we all know, the big news is developments with the FDA which is still 1H timeframe and the ability of SV to add a bit to revenues. The latter likely won't be happening as I doubt their sales force is calling on doctors and clinics. So don't expect any stock-specific movements until the April earnings, May annual (probably a virtual meeting now - maybe we can all log in and watch it finally!) and then tracking the FDA questions and their responses to the extent they disclose this with us. Those would be information events that would affect the stock specifically. All this is the high beta response of an illiquid small cap to the likely recession we will see for the rest of the year -- not THTX related at all.
Bucknelly21 wrote:I can't wait till the day I say goodbye to thtx lol