/biz/ - Business & Finance

>>1574278
thats the thought, dont like gamble $1000 and blame me..

when i was originally hunting the biochem calendar, i almost shilled MSTX.

But their sickle cell thing was a total flop, BUT they have 2 other products, 1 i think was going to come out at the end of the year.

AND they just got a deal with Phillips (PSX) to supply a part for some heart thing.

That was announced yesterday.

Now lets see if my novice brain can think this through.

because of the failed drug last month, their stock has slowly been dropping.

BUT as you can see, the search trends follow the last few reports which basically say "nothing bad, but nothing goods going on"

People are loosing faith.

UNTIL YESTERDAY.

That's when they announced the thing with Phillips, and they're supposed to be at the conference.

The stock leveled off and even went up a penny.

There were a LOT of buys early today, with a bunch of sells in the morning when it peaked, then a bunch of buys towards the end of the day.

Someone obviously has faith.
Phillips has faith.

And the search trends SLOWLY fall back down, rather than DROP.
(along with another small peak, probably associated with the fact they're at this conference)

...

or this is a case of hindsight 20/20

use this idea when comparing stocks and tell me if this is just a random good case, or we might be on to something.