AI
Tuesday, March 17, 2015 4:16:36 PM
One person's winner, another's loser. Timing.
Also, time horizon: Sell today and take a loss, hold for the long term for a profit (vice versa too). Timing (technical), and fundamental analysis.
Love your articulation of some tried and trued basics. Your post:
This board is followed by 573 people, most of whom only read. Information both pro and con is found valuable to most people. The key is accuracy. Negative information is extraordinarily valuable for investors if accurate. Inaccurate information is what most don't like.
Whether pro or con info is presented, one must do their own due diligence to verify it. With time you'll get a sense for which posters generally give correct or incorrect info.
It's also obvious that there are quite a few invested here that don't understand the nature of biotech.
Biotech is not only risky, but, it is regularly subject to time delays. Leo isn't perfect and hasn't done everything the way I'd like, but, overall, he's done a terrific job. Just look at the decision to postpone Prurisol in order to pick up the Polymedix assets. That took b@lls. The majority of shareholders that were vocal were very upset at the time. Yet, with the passage of time the decision can be seen to be an excellent one. We'd be under a dollar without Brilacidin now. Most wouldn't have had patience for the pace of the Kevetrin phase 1 oncology trial at Dana Farber.
Brilacidin's phase 2b ABSSSI trial has derisked Cellceutix substantially for me. I'm just sitting and holding. I expect to do so for years, thus, my lack of fear for how it is trading now. I suppose, if I were day trading I might view things differently.
