The Behavioral Economist
Behavioral finance, growth, small-cap, fund holdings

AtheroNova: Undervalued, Underappreciated, And Underestimated

Initially, the thought of establishing a long position in a developmental stage biopharmaceutical company, currently trading at a penny stock level, seems reckless. In the vast majority of instances, just considering such an investment could lead to an analyst being declared "audaciously hopeful" or "irresponsibly naïve". Such an opinion wouldn't be unreasonable. The list of bi...

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