There is no such thing as a value trap. There are investing mistakes. - Mohnish Pabrai
In my experience, I noticed that the bioscience market is the field with the most lucrative returns. Yet, there is a tendency to chase a high-flying stock without adequately studying its fundamentals. That being said, I made it a habit to thoroughly assess the underlying catalysts powering a rallied stock. More importantly, I'd study its fundamental developments to determine whether the catalyst can be sustained for further growth. In my due diligence, I also check to see if there