Posted On: 10/26/2015 2:36:10 PM
Post# of 1460
If the news on Nov. 7 is really good, this could easily open hugely up on Monday Nov. 9. I saw this happen with DNDN which opened at 3x the previous day's close, on good news.
It is always possible that great news is factored in. I don't think so, but you never know. If it takes a huge run up into news, then a sell-off on Nov. 9 is a real possibility -- but probably not below these levels.
All these small biotechs trade in crazy, counter-intuitive ways sometimes. That's why I have a "basket of biotechs" of these smaller, riskier stocks -- the one that hits it big makes up for all the others, and if you get two that hit it big, all the better.
It is always possible that great news is factored in. I don't think so, but you never know. If it takes a huge run up into news, then a sell-off on Nov. 9 is a real possibility -- but probably not below these levels.
All these small biotechs trade in crazy, counter-intuitive ways sometimes. That's why I have a "basket of biotechs" of these smaller, riskier stocks -- the one that hits it big makes up for all the others, and if you get two that hit it big, all the better.
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