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Thoughts on Gossamer Biomed (GOSS)

Posted on 5/16/24 at 9:36 pm
Posted by Bourre
Da Parish
Member since Nov 2012
20303 posts
Posted on 5/16/24 at 9:36 pm
This is a biomed company that some of my colleagues have been buying in to. Currently it’s sitting at .73 but has gotten as high as $25 in the past. I recently grabbed about 500 shares. They have some novel drugs coming to market and also have the potential to be bought by a big pharma company. Just curious if anyone else is hearing something about this stock
This post was edited on 5/16/24 at 9:41 pm
Posted by Jag_Warrior
Virginia
Member since May 2015
4136 posts
Posted on 5/17/24 at 11:35 am to
How long have they been in existence? What do the financials look like? What caused it to go from $25/share to .73/share? And over what period of time did that precipitous drop take place?

IMO, all questions you should get solid answers to before relying on what friends or colleagues are doing.
Posted by makersmark1
earth
Member since Oct 2011
16023 posts
Posted on 5/17/24 at 5:08 pm to
I’ve been accumulating BMY.

It’s a loser thus far, but time will tell.

Posted by Bourre
Da Parish
Member since Nov 2012
20303 posts
Posted on 5/17/24 at 5:56 pm to
Thanks for the lesson. Still absorb and learn as much as I can about the stock market and all the ins and outs
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