Avid Bioservices Inc (CDMO)

[spankyvol]

Lurker.. there is no certainty in the market

Everybody in Enron, at one time, thought it was a cetainty! All the "players" telling the public to buy at $75+... buy ratings all the way down to @$17. The whole company was a scam but on was on cover of Forbes, etc etc.

Actually, I can't complain cuz I made some good $ on Enron, just by sheer luck, of buying at $44 and getting out at
$78-79 when it stopped moving up. BUT if I had listened to the "experts" then I would have lost a lot $ on Enron if had held till $15 or $0. Unfortunately a whole bunch of people did lose big $$$ trusting "The Street". There conference calls were the bomb for a while but was all BS, set up crap, even at the high PPS times. Right answers from Lay and Skilling for everything there for a while. Want me to name a few more stocks like this? Nah... you know them.

Individual stocks are all risk/reward. If you want certainty in the "stock monkey" then invest in the Wilshire 5000. The broadest index out there... if market is going up make money, if going down lose money. Do not play one or a just a few individual stocks. You will not lose a lot in W5000 nor will you make a lot. Better yet for cetainty put your money in a 1 year CD at a guaranteed interest rate.

Life is an UNCERTAINTY! You are not guaranteed to wake up in the morning bug you think you are! Enuf philosophizing for tonite, eh.? TTFN