I don't know when you were around when the news hi

I don't know when you were around when the news hit that the FDA gave the company the application number. The nitwits on Investors hub thought it was an approval. I explained to them it wasn't but they deleted my messages. Go figure. Point is, many have no clue as to what they are investing in nor want to take the time to actually ready the press releases. There has been so much pumping of this stock from various sources that many invested on the hope of a quick buck without understanding the slow nature of dealing with the FDA.

It is almost impossible to time biotechs. I am in one that floundered for years but is up huge this year with pending trial results and hopeful FDA approval (after 2 CRLs) sometime early next year. I accumulated for 12 months and waited 18 months before it started to take off. All of this in light of constant bashing by the street and other so called investment writers.

If one doesn't have patience and a good understanding of why one owns a biotech, you shouldn't be investing.