There was a time when Isis had a drug that failed. Can't remember all the details, but it had something to do with them not giving patients enough. The only people who got cured of whatever it was were fat people who were given more than thin people, and in the stage 3 trial there unfortunately weren't enough fat people.
So there I was with my computer showing a loss for the day of $70,000! I didn't know it was possible to lose that much in one session! And the stock was going lower and lower every minute. I decided I wasn't going to join in some crazy panic and sell. Nothing had really changed, except the stock price. Antisense still worked- and was still amazing. We were going to change the face of medicine! And I believed Isis and I would bounce back one day. I just wasn't going to be bullied out or scared out of my position and I decided I personally would go up or down with Isis. So when Isis got to 2.78, I bought many more shares, all I could possibly afford.
Today those shares I bought are worth over 10 times as much, and all together I'm up around $600,000. I see as I write this that we were down 2.44 at one point, and now we're down 1.56. I'm still holding, and I still refuse to be bullied, refuse to be scared out of my position. And I still believe that the future is ours, no doubt about it. I don't know if it'll take a day or a month, or a year, but when we're back at 33.72 and rising, I'll still be here, and I hope you will too.
Just looking at the list of topics here on this board...shorts are out in full force. Even people here who say they're longs are saying they're shorts for now. I think if you read my story above, the lesson of it is to understand Isis, really get into the science as best you can. Learn about the partnerships, what medicines they're developing. And if you think, as I do, that this stock is the stock of a lifetime, buy what you can afford and hang in there. Don't even bother reading this board- nothing much to learn here. Just people bashing each other, making up aliases, people trying to scare you away. Instead, go to IV and read the Isis board there, you'll learn a lot. Or just go about your life and don't fret about the daily ups and downs. Peter Lynch, one of the most famous investors of all time, wrote that what a stock does on any given year is fairly arbitrary. Now if a year is arbitrary, how much more random is what it does on a given Day? or Month? That's my best thinking and I hope it helps you. I'm $600,000 ahead on Isis using this thinking, and I hope you can do the same.
we all have bad days ---I have isis--but also incy- lgnd -amgn --long on sppi+++oct-dec- jan calls--have fun - don't worry --bought YHOO calls for my wife -she is happy -more $$$ on calls than long shares
Sure sure what a pack of b****. Call darkout he will explain to you why it failed and why the Crooke received several million options for failing after he was warned not to waste stockholders money. You have to be one of darkster's newbies that he speaks about. Darl would say thanks for the laugh.