Why do some of the Nanotech stocks have such a high price in their chart history?

petron asked:


I am newly into investing in nanotechnology stocks. When I look at their stock value charts some show very high stock prices a few years back. Advanced Nanotech, AVNA shows a value in the thousands back in 2000-2001. Biosantee Pharma, BPA and Arrowhead Research, ARWR also show high values in the past. Does anyone have an idea why this is.

Nanotech Manufacturing
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  1. nanotech says:

    Introduction to Nanotechnology

    you know more about the stock market than I do.

  2. Nanotech Websites

    Because nano technology was VERY hot a few years ago, almost the entire market put money into this sector and pushed nano tech company’s stock way up.

    But of course like the tech bubble, this nano bubble bursted and all those company’s stock price has been going down hill ever since.

  3. MicroElectroMechanical System

    The term perhaps that best describes the trend is investor over exuberance. Investors just love to jump on the latest craze. I expect that 90% of nano companies will no longer be around in 5 years as happenend to biotechnology a few years ago. Also remember that early 2000 was the top of the tech bubble. Everything was way overprices. Don’t you wish you had sold a few of them short at the top? The darn problem is trying to figure out where the top is.

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