Prohost Letter #376
WHILE LOOKING AT THE BIOTECHS SCIENTIFIC FUNDAMENTALS
We keep an eye on other factors That influence the stocks
Investors who pick their stocks based on the firms’ solid scientific fundamentals, technological capabilities and pipeline products’ promises are mostly long-termers. They usually keep the stock they meticulously picked until they reach the goals that motivated them to pick it in the first place.
Unfortunately, well-crafted negative accounts, mostly gibberish, but made to look rational, are misleading long-term investors. The moment some investors hear negative stories they lose their faith in their . . .