Posted On: 12/08/2015 2:37:52 PM
Post# of 72443
Another example of why "efficient market theory" is a fraud.
IDRA was chosen as Piper-Jaffray's "stock of the year" when it was near 5. Naturally, after people loaded up, "they" then tanked it down well into the 2's. It's finally coming back up. And yes I agree, ridiculous that their market cap is more than 2x CTIX when they don't have the depth of pipeline or drugs that as promising as CTIX's.
IDRA was chosen as Piper-Jaffray's "stock of the year" when it was near 5. Naturally, after people loaded up, "they" then tanked it down well into the 2's. It's finally coming back up. And yes I agree, ridiculous that their market cap is more than 2x CTIX when they don't have the depth of pipeline or drugs that as promising as CTIX's.
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