I recently opened my first brokerage account and put $1500 in, i dont have a lot of money. The first industry that caught my eye was the biopharm/tech industry. From what i gather its pretty risky here. I bought 800shares of zlcs at $1.04, and about 8k shares of AMBS around $0.06
I intend to hold out for the long run with AMBS and wait with ZLCS atleast until the p2 results come out. I was pretty nervous after last wednesday with the zlcs stock and almost sold after reading all the negative post on here, but i'm gonna hope this pans out.
Biotech is not where you want to be if you aren't willing to possibly lose all your money. It's very high risk. And message boards are not where you want to get your advice from. Probably 75% of the people on them are full of #$%$ and don't know what they are talking about and/or they are pump/dump day traders trying to manipulate people for their own gains. Do your research and make your own investing decisions - use the message board mostly for entertainment and to shop your opinions:)