Canadian Stock Alerts Update:
BIO MS MEDICAL CORP - MS.TO @ .32 on 9.3 million shares traded
This may be the typical over reaction to negative news. Their second trial of the drug "dirucotide" failed and the stock has fallen back 88% this morning. It closed yesterday at $2.70 .. there is clearly a risk & reward in play here. Will it be $2.70 tomorrow, not likely. But after the dust settles, it should drift higher, the same way UUU.TO was affected by negative news a few weeks back.
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Tuesday, July 28, 2009
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