ClosetInvestor, The stock market is not based o
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Posted On: 07/01/2020 7:51:14 AM
Re: ClosetInvestor #40263
ClosetInvestor,
Thank you for sharing your thoughts. I agree with you, the market is not fair (if it was, there wouldn't be any opportunities for us traders), but now I understand why you wrote what you did.
In my opinion, the potential of Leronlimab (accounting for the state of the Pandemic) is such that the expectation of good news coming soon easily explains a $10 price (without any data proving it).
You think this should be $3-$4 dollars range.
I respect your pre-news valuation, mine is obviously different.
Let's hope that today we have a good recovery, and some good news soon.
GLTY
Quote:
The stock market is not based on “fairness.” I agree that the news could be great, and drive the SP to $20-30, maybe higher, but until the data proves itself and the FDA approves it, nothing SHOULD happen. Honestly, I expected to sit in the $3-4 range until mid-July.
Thank you for sharing your thoughts. I agree with you, the market is not fair (if it was, there wouldn't be any opportunities for us traders), but now I understand why you wrote what you did.
In my opinion, the potential of Leronlimab (accounting for the state of the Pandemic) is such that the expectation of good news coming soon easily explains a $10 price (without any data proving it).
You think this should be $3-$4 dollars range.
I respect your pre-news valuation, mine is obviously different.
Let's hope that today we have a good recovery, and some good news soon.
GLTY
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