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Re: bigcats post# 38718

Wednesday, 12/19/2012 2:10:17 PM

Wednesday, December 19, 2012 2:10:17 PM

Post# of 47502
Bigcats.
This time of year its important to think of those without even $50.00 to gamble on vegas or the market.
CORX isn't alone in its plight. Think of all those Allon (NPCUF) investors out there down 50% for the day. Neuro is right about this sector. It's full of wreckage.
If you are interested in Biotech look into a company that does not need cash yesterday, has a management team who has been successful in the past, and has a shot at accelerated consideration with the FDA. FOLD fits the bill, but after being burned with CORX it still scares the heck out of me to own it. I got in this summer and am prepared for a wipeout at any moment.
Even a small investment in biotech can get even smaller very quickly.
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