TSXV:CLAS.H - Post by User
Post by
Red~Oneon May 01, 2022 9:00pm
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Post# 34646486
Here's the deal
Here's the dealWhen a sector is hot , good news generates instant positive shreprice reaction and that usually goes with all similar stocks with products or services that meet that expectation.
The shareprice goes up. Once that sector cools down that instant reaction on good news doesn't necessarily pop like before. Reasons being that the sector is no longer front page news and also some good news is already built into the current shareprice....volume/interest disappears.
2 years ago remember what was hot in Pharma? Companies supplying test kits, companies working on Vaccines, alternate treatments, clinics....the list goes on. That has all cooled down now.
In my opinion Nitric Oxide is the real deal, the next antibacterial, the new penecillin. The question is : "How long will it take until it is front page news?"
Getting thru a successful Phase 1 is Huge....but it doesn't mean that the Pharma industry will immedediately pick it up. It could take years.