This company is up 50% today after a CNN report and a news release about a new virus based methology of fighting various cancers. The stock went up from about $11 to 15 1/2. I went for a ride from 14 1/2 to 15 1/2, thinking that a lot of this is just hype that will go away a week from now: the company is probably years away from making a profitable drug. However, looking at its continuing unstopable rise till the end of the market day, I am beginning to think that maybe I was too hasty in dumping it. |