/biz/ - Business & Finance

You guys! They did it! SNOY is finally back at almost 50% of their IPO price!!

...is this a fucking value stock?! P/E is only about 11x!!! (Don’t look at the debt/equity, 38x is no big deal)

>>16669552
>0 drugs on the market
>closest drug to market is to treat NASH
>there are at least 26 other drugs competing to beat it to market
It’s not suicidal, but before you throw your pennies at a stock that could actually go to zero, consider that the copper those pennies contain will likely never be worthless.

You never go all in... if you keep your gambles small, the likelihood of hitting 0 and being kicked out of the casino is much lower, and you might get better at the game as you play it.