/biz/ - Business & Finance

>>29566889
>>29574651
>>29569918
>WKHS
Next stop is $1. The only thing that propped up that company was the USPS contract. They make pretty bad oversize golfcarts in a dinky workshop. They have cashflow and manufacturing problems. The CEO is a faggot.

Absolute pennystock tier, you should all sell while you can.

>and buy RIDE

Since everyone's afraid of biomemes, because they have been pajeet'd once, let me share the biomeme tip of the day:

You can actually determine if it's gong to be viable in Phase II or III based on previous phases. Most of the time it's plainly visible if they got lucky, or if it's effective with p=0.01. This will not be priced in (since everyone's retarded), and you can literally sell the news when the actual results come out.
A great example was AUPH. Their Phase II was phenomenal, I don't know why it was not priced in. There was a 99% tehy will get PDUFA.
Also with NVAX. Their flu vaccine works very well, which means their adjuvants actually works (as opposed to JnJ-s shit), and they documented that they use the proper, unfolded, proven spike protein too. Phase II also went very well. The Phase III result they got was basically in the bag.
A counterexample is CLSN, where the interim analysis showed something like P=0.56 or something. In their previous presentations it was so obvious they were doctoring the data I think they didn't even try to hide it.
You just have to learn to read scientific papers and basic statistics.

>basic statistics.
thinking about it, no wonder you get burned lol