They have negative EPS and not acceptable growth and income (~100M$) for a 4.5B $ company, soon the earnings will arrive and my guess is that price will drop because some investors will not like the numbers.
But then the technical rational players will leave the arena and the irrational hype will start
Results can be found "improving" for some :) and then price will go up because people will be amazed about how complicated software they use in discovering new molecules for drug development and sh.t . and the next bull run will start. I cannot predict future of course but I will bet on it :)
But then the technical rational players will leave the arena and the irrational hype will start
Results can be found "improving" for some :) and then price will go up because people will be amazed about how complicated software they use in discovering new molecules for drug development and sh.t . and the next bull run will start. I cannot predict future of course but I will bet on it :)
Trade active:
Buy zone: 60-65, I believe it is also a good long term investment, but such stocks tht make such peak and drop so sharp how can we HODL :)