Biotech Stocks,
Very interesting article Tom, even more interesting is that some of the returns that AIM would have produced would have been far more pleasing.
I've only tried it on a few of the ones mentioned in the article.
Nearly fell over when trying INKP using 15% SAFE and 10% min order. Used the MatMod in Automatic Investor to produce this.
Starting with a $10,000 portfolio and 40% cash level
AUTOMATIC INVESTOR HISTORICAL ANALYSIS FOR INKP
======= PERFORMANCE =======
Current Portfolio Value: $242,978.11 (16099 shares owned)
Profit or (Loss): $232,978.11
Simple Return: 2330%
Annualized Return: 39%
Buy/Hold Portfolio Value: $28,524.68 (6134 shares owned)
Buy/Hold Profit or (Loss): $18,524.68
Buy/Hold Simple Return: 185%
Buy/Hold Annualized Return: 11%
Return on Capital at Risk: 5475.06%
Average % Capital at Risk: 42.55%
Regards
Neil