Apr. 7 at 8:23 PM
$NGEN 2x is peanut in biotech, where lots of regulatory and execution risk lies. Glad that I sold partially and still holds 10s of thousands. I will look to buyback in low
$3 or who knows below that.
Look TERN 1 year chart— 2500% to
$7B BO . Even VRNA got 6-700% to
$10B BO, and CDTX got over 500% in 5 months to
$9B BO after the trial results. IBRX earlier this year got 600% boost alone.
$NGEN has ling road ahead to get acquired at premium valuation, or to grow organically with flawless execution (I am not confident on current management on this latter route).