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Alias Born 08/09/2015

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Wednesday, 10/14/2015 9:30:27 PM

Wednesday, October 14, 2015 9:30:27 PM

Post# of 461200
Briefly, this is why I am long Anavex. I believe that The only way to make serious money is by carefully investing in innovation. You may make small returns day trading long or short. But if you want to make real money investing, you will have to do it by picking stocks for long term gains and by investing technology and biotechnology , and I would emphasize the latter. You will not make real money on these stocks by day trading. Even if you do make money day trading (and you would have to be darn lucky to do it consistently), you will spend most of your day taking risks of short term moves, anxiously watching the gyrations of your position, and lose more of the gain, if any, in paying commissions and tax.

Most people still don’t recognize the gigantic implications of this phenomenon - this innovation that is taking place. Major breakthroughs are going to be taking place in cancer, heart disease, Alzheimer’s, diabetes, multiple sclerosis and other diseases. Picking the right companies can produce impressive returns in a difficult overall market environment. There are literally hundreds of small companies working on significant products. Many of them will fail, but a few will change the world the way Google, Facebook, and Apple did. You should spend your time trying to understand what these companies, such as Anavex, are doing. The returns for picking the winners could be huge. The pace of innovation is quickening. I have spent the time to understand what Anavex is doing. I believe it may be a winner. That's why I am long, have been long for over a year, and why I added more Anavex stock today.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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