Chemistfrog
Long only, growth, momentum, contrarian

BioLineRx Offers Investors Multiple Upcoming Catalysts At Currently Depressed Share Price

Failure of a company's lead product candidate in clinical trials is often catastrophic for existing shareholders of a development phase pharmaceutical company. I have first-hand experience with significant losses from multiple investments over the last decade in which I had foolishly held large holdings through such binary events believing that positive news or FDA approval was imminent. While existing shareholders may often be hard-pressed to recoup their losses for quite some time, I believe the oversold condition in these companies' common shares created by these lead-candidate failures can create potentially-lucrative entries for new shareholders with the foresight and knowledge to see past such disappointments.

BioLineRx (BLRX) experienced one such setback on March 20th of this year. The company...

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