RE: Ding Ding NASDAQ Open21 Apr 2022 10:08
"I was more wondering what is making someone so sad and bitter to be rooting for the demise and financial hardship of companies trying to help us all live longer?"
Not everyone has the same view of the company as you do, some may feel the capital is better allocated elsewhere where it has more chance of finding succesful treatments. You could say they are acting morally and playing their part in that re-allocation, based on their beliefs that it is over-valued. People are allowed to have different beliefs about the prospects of companies, especially so in the early stages of development and they are perfectly entitled to act on those beliefs and trade whichever way they choose. It doesn't make them low-life or scum just because they don't share your view. It's painful when the price doesn't go our way, but blaming everyone else and being abusive is a symptom of being in denial; it's better to accept the market disagrees with your assessment rather than blaming SO, MMs, shorters and anybody else who doesn't drink your kool aid.