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T1

$CervoMed (CRVO.US)$ Trading Halt: Halted at 6:55:00 A.m. ET - Trading Halt: Halt News Pending
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  • 10baggerbamm : back to 7

  • Trytosaveabit OP 10baggerbamm : If not lower? I forget what? If anything good is left in their pipeline? Because is they still have a backup? When crash happens it could be a opportunity along with lots of others waiting for lower price? Hehehe

  • 10baggerbamm Trytosaveabit OP : I look everyday and you see these biotech stocks they just go parabolic there's one today that's up $7 as we speak it's up 100% from yesterday's lows and it's it's why people buy biotech stocks for that grand slam home run in one day pending testing results or pending an FDA approval for early stage continuous testing. phase one to phase 2 the human trials that type of thing. of course most of the time the results are not favorable and the next day is a complete train wreck and a disaster where you get wiped out. I've stayed away from biotech for 30 years at this point I just can't take that risk of a boom bust cycle.

  • 10baggerbamm : holy shit... crater.. down 7..bye bye. and this is why I don't go near biotech stocks.

  • Trytosaveabit OP 10baggerbamm : Oh yeah I agree! But that’s why I get in and get out with my profit! Hehehe! And the only ones I actually hold going into approval are ones that I believe have a better than 90% of getting it! Otherwise i wait and if it’s good? Well I just take less profit by going in a bit late! Agree too many chase and try to hold! Nope! Get in and out with profit and move on! GL today

  • Trytosaveabit OP 10baggerbamm : Told ya lower! Hehehe

  • 10baggerbamm Trytosaveabit OP : I wish people luck I think you have better odds at the casino. I can look back and reflect a lifetime ago for myself when I worked at NIH in Bethesda Maryland . the amount of research that was done by these doctors it's all grants infectious disease you're looking for cures the failure rate is through the roof and that's why it's lab work it's testing and it's done over and over and over again it's no different than Edison creating a filament. you're wrong 99.99% of the time and then that one random chance that you get results that are favorable it's like hitting the hole in one if you're playing golf.. and maybe this is why I also stay away from biotech because the odds are stacked so much against you most of the time small companies run out of money they may be one test away one trial away from getting positive results but funding dries up and no one will buy their stock in an offering and they close their doors game over

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