when I say too many calling for a correction.. it usually doesn't happen...contrarian investing works more often then not when it comes to overall market consensus. Sometimes you have to be patient.
4.50 is worse case scenario especially if bios make a good run. I've been adding to etfs over last few weeks and some individual names I like...yesterday I got more aggressive. It's been looking better under the surface. Also so many calling for a big correction and bios probably one the most oversold sectors. But I do think the best in breed will be your best.
oh and good luck..im not long or short at the moment..full disclosure.. too risky. But i would hedge if i had a lot of skin in the game which is another topic. Gambling and investing are two different approaches. Managing risk and fear are truly your best investments.
all the debate on the merits of the data..looking at the technicals which to me is a real time consensus of what money is doing. ziop is just hanging in thats about it. The chart looks anemic at best. If you don't get something meaningful out of asco it doesn't look good. It could easily drop back to the lows around 4.50 and getting through 8 will be monumental. So lets hope we get something good coming out of asco. In all seriousness i dont see this getting beyond 8 or 10 best case scenario. The fundamentals are still years away even if they can get something going.
have you ever bought a stock that appreciates in value? Start up companies..biotech in particular.. with no earnings and nothing in the pipeline can be extremely hazardess to your bottom line..suggest you buy sector etfs and keep yourself diversified. You'll likely tone down your blame game rhetoric.
also don't forget his silly rumors and 60k buys at 12. Keep the pumper bs in check.
hey geo whats up?..you and tailfly been on vacation?..haven't see you in a couple of years either...biotech made you a ton of money i bet..so whats been happening?
so you decided to show up after two years of not posting..watcha bin up to bud?
too funny man..just be careful. I'm afraid some may have too much skin in the game making them fearful.
what game?..I'm probably about the only one on here not playing a game. Lotta creepy threats and nonsense posts today. I thought you my might bring some moral order to the board? Perhaps the bullies can give rational thoughtful comments..i feel as if they feel threatened? By what? They're not really doing a good job of portraying ziop shareholders. What do you think?
well then whats your worry? Sit back and watch this explode..tell all the bullies to stop posting and just watch the shorts fry..right. Aren't you the church lady?...you need to clean up these boards.
It's inspiring me for some kind of wacky cyber movie script..its like stepping on an ant hill..very strange. "Message board madness" maybe?
What's interesting is these two recent id's haven't been used in 2 years..recycling at its best..lol
i prefer prudent thoughtful people who read and form their own opinions. don't believe everything you hear or read..You had a person on here full of self importance and a lot of people got sucked in..maybe not illegal certainly over the top "pumping" i would say.. my own opinion...you have to admit it was outlandish.
First of all more regulation?..sounds libtardish my goodness. No one had a problem when the stock price was going up and pumpers, i would call them bulls, but there is a difference in my opinion.. made outlandish calls.. imminent buyouts.. 60 k buys on on. No one said a word..in fact many of the ids now suddenly posting again ridiculed anyone that questioned valuation..the excessive bullishness ..the ridiculous rumors.. no problem all fine. Now that we see these prices were indeed lofty there's a linch mob mentality...go get em..it feel like the wild west..lol This is an early stage biotech company loaded with risk..you can't forget that...biotech was in a bubble it was out of hand. I never heard anyone talking about hedging be careful ..it was all in.. the road id is paved with gold.