trade2much..As far as AF is concerned..I think it is important that both sides of the issue are looked at as an investor even if you don't agree with it. It just allows for more rational thinking as a biotech investor. Retail investors are constantly getting screwed by companies and funds and its not by him. He may not always be right in his assessments but if someone can find a few potholes in what I think is important as an investor than I want to hear it. I have seen him make good calls as well as bad ones but I believe that he has more positives ones. I think when I know both sides of an issue it makes me a better investor. Agree that his articles can scare off folks who should have never been in a stock in the first place but if you can balance his thoughts with your DD then you can make a sound investment.
I look at it like getting an inspection on your house. You think that everything is great and want it to be but there is that inspector telling you that it is not as rosy as you think it is. You want to hear that guy before you buy your house so you can make a sound decision. He may be overly cautious or negative on your house but at least he is willing to tell you when all others tell you what you want to hear. Just my two cents. Knowing all sides of the issue will make you a better investor. People knowing that the data IS inconsistent for $LJPC allowed them to get out at $14 instead of $13. Its all in how you look at it. Takes what applies to you and use it towards your situation. It's his JOB to poke holes in the biotech stocks. It's my task and mission as a trader to decipher what is right and what I can use to make a good investment or trade. He may hurt a stock short-term but he is not going to stop a stock from moving from $7.50 to $14 over the past 3 months but he allows you to decipher whether you want to put your money in a stock long-term or not and just trade it. Hate the message, not the messenger. He serves a good purpose for biotech investors and the community.
Message in reply to:
AF the famous Bad news Bandit who makes his money maligning other's stocks.\
That guys is unreal, he just can't resist a chance to screw over the retail investors. He puts just enough truth in his arguments that folks tend to bale out many times. I'd love to see him get his due for once, hope it happens this time, or if not, next time.
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