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/biz/ - Business & Finance

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>> No.17929374 [View]
File: 25 KB, 445x280, SNSS.png [View same] [iqdb] [saucenao] [google]
17929374

>>17929273
Am I the retard? Look at this 1-month chart for SNSS's stock price. There's a massive sell off without any real deterioration in the underlying fundamentals, namely, that they are literally curing cancer and will make me lots of money when their trials prove it the other fundamentals don't really matter because it's biotech. Mr. Market says that curing cancer is worth less than 42 million right now... Even our beloved GALT, which is in much more sorry straits now than SNSS is, is valued by Mr. Market at more than double SNSS. Do you think that makes sense, my good sir? And let me remind you that SNSS is curing CANCER, while GALT is focusing on a much less glamorous disease that most people don't even think about.

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