/biz/ - Business & Finance

This market is so bullshit. 10 sept 2018 people were ready to pay 69.5$ for a share when trilaciclib (unique breakthrough drug to deal with negative consequences of chemotherapy) was in a early stage of clinical studies. Now it was approved and G1 is going to finally start getting revenue after all those years and millions of dollars put in research and people are willing to sell it for 19$.
The lowest estimate from analyst is 36$. Average: 55.8$, high: 78$
You could just throw some money at it and get x2 in the worst case scenario, x3 on average and x4 if lucky.
But muh 1.5yield bonds! Muh Nasdump, muh NBI.
Retarded boomers frightened by bond fud sell. Robots see line is going down sell. Emotional weak handed retailers panic sell.
I was talking about buying it for 25-27$. It was an excellent price than. Now it is 20.5$. It's so fucking cheap. This price drop is pure bullshit.