Posts Tagged With: Schachtman

Anyone who trades in biotech stocks knows that the slightest piece of news, rumors of successful /unsuccessful drug trials, upcoming FDA panels, anecdotal side effects, and much, much else, can radically alter a stock price in the space of a few hours.  Pre-market, for example, websites are busy disseminating bits of information garnered from anywhere and everywhere, helping to pump or dump biotechs.  I think just about every small biotech stock I’ve ever traded has been involved in some kind of lawsuit regarding what the company should have told shareholders during earnings.  (Most don’t go very far.)  If you ever visit the FDA page, you can find every drug/medical device coming up for considerations, recent letters to the company etc., etc. Continue reading →