Tapering rates will happen in dec at 0.5%. The big question is how high rates will continue to go higher even at slower rate n how long fed is going to hold it up there to create demand destruction to tame down inflation back to 2% target.
@AngTayKor What's the latest update for Taurx? Any plans for IPO or tradesale opportunity to other biotech/pharmaceutical firm? and what's the expected/projected valuation for Taurx now? any indication from the management?
Amyloid intravenous drugs with high ARIA will not work in real world application on AD patients. Each ARIA brain scan cost abt usd5k. Need to do multiple scans to constantly monitor ARIA. Who is going to pay those brain scans? Doctors can be sued for millions if one of their patients under their care has died because of ARIA. Why want to use these high risk amyloid treatments for super low drug efficacy return? HMTM has already shown in Lucidity trial to reverse the decline of mild cognitive impairment patients with zero risk of ARIA n the drug taken is orally at home.
@AngTayKor Thanks for sharing. Hopefully my small investment in Gent can get some spill over upside from Taurx too.... I personally think that Gent is severely undervalue, analysts have been giving 50/60% valuation discount due to it being a holding company.
During bull market, price can overshoot on the upside. This stock was rm5.50 early 2021 even when Malaysia under second lock down and company losing billions.
During bear market price, can overshoot on the downside even when all the resorts fully open and busy with gamblers.
Posted by AngTayKor > 3 days ago | Report Abuse Becareful of this FOMC meeting. Market may in for a huge disappointment abt Fed pivoting soon. ----------------------------------------------------------
KLCI looks bad today. GenB chart breakdown today.
ATK not holding any position now and no intention to trade over the short term.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
choysun
4,502 posts
Posted by choysun > 2022-11-02 07:34 | Report Abuse
@AngTayKor Not never say die la. I go long ma. Just here for the show. And to top up time to time :)