As an example of what can happen, and what we hope
Post# of 72440
As an example of what can happen, and what we hope can happen,
http://bigcharts.marketwatch.com/quickchart/q...mp;time=20
imagine if you had bought JAZZ at .20, and saw it close yesterday at 52.84. You could have actually sold some earlier this year at around 60 bucks.
Now, just think if you were a johnny-come-lately, and bought some in 2010 around 12. Oh no! It pulled back to 10! I'd better take my loss!
And then you watched it go up to 34, pull back, and keep going......
Then there's MDVN. I'll buy it at 20 for the FDA news!
http://bigcharts.marketwatch.com/quickchart/q...mp;time=10
OOPS, FDA didn't approve it, stock cut in half to 10.
Hey wait, they have another drug. Closed at 51.84 Friday.
CTIX has both Kevetrin and Prurisol, and the possibility of other drugs (like an autism drug) in the pipeline. All though there are never guarantees, this company is NOT yet priced to account for TWO drugs in the pipeline.