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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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towerdog
To: towerdog who wrote (59264)5/6/2022 9:21:32 PM
From: Lee Lichterman III2 Recommendations  Read Replies (1) of 96634
 
They're going to be giving away LABU shares on the top of pizza boxes pretty soon or else be using them for TP. I imagine a reverse split is looming in it's not too distant future if rates go much high.
Funny, I was looking at stuff that was on sale last night and wondering how long before some of it starts getting bought out as they can't raise capital to continue losing money but have a real product/market share. A lot of it was stuff being traded on this thread before the top. AI etc. The drops have been spectacular. I don't know much about any of them but from what I see, they sell products but can't make money and now with rising rates and unfriendly lenders/bond buyers are going to be having a hard time going forward unless they filled the coffers before January. The small biotechs are in the same boat. The ones with late stage promising pipelines will get swallowed up by a big pharma but the other ones are probably counting down to chapter 11 in the coming years.
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