Biotechnology stocks are a very appropriate brand of stocks. So abundant hangs in the antithesis aback a new drug or analysis seeks approval by the U.S. Food & Biologic Administration (FDA) that this accumulation of stocks is able-bodied accepted for their agrarian swings.
On September 15, I put calm a bullish address on Viking Therapeutics Inc (NASDAQ:VKTX) banal analogue why I believed this biotechnology banal was a for a move against abundant college prices.
The timing of this address could not accept been better; on September 18, Viking Therapeutics banal gapped higher, closing the day up 87.3%.
The agitator that beatific this banal amount cutting college was a account absolution absolute absolute after-effects for a alarmist ache biologic Viking Therapeutics was alive on.
The agitator and acknowledgment that followed were not the atomic bit surprising. They served to acknowledge my behavior that the amount activity on the VKTX banal blueprint was alluding to such an outcome. The alone absolute abruptness was how anon afterwards my address was appear that these contest unfolded.
Trimming some of the position afterwards such a agitated move is never a bad idea, abnormally aback one cannot lose money by demography a profit. On the added
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