InvestorsHub Logo
Followers 107
Posts 984
Boards Moderated 2
Alias Born 04/27/2011

Re: rusty8350 post# 87639

Saturday, 07/27/2013 9:07:11 AM

Saturday, July 27, 2013 9:07:11 AM

Post# of 158400
If I was a mod I would sticky your post. But im not so a member mark will have to do. Your exactly right. We have not even made it to FDA approval yet. Yes there are some good doctors working on this but that doesn't guarantee success. If all biotechs and their trials were successful there would be no sickness. I have been in several biotechs in my trading career and not all have made it. There is also the fact that there are a lot of medicines & treatments that have been bought out and put on the shelf by big pharma. They make more money by treating than curing. So there is no guarantee this treatment will ever make the market even if it is approved and trials are successful. This one is no different. I do have a sizable block and I played it like I do anything else. Sold enough shares to cover my investment and will roll the dice on the rest.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.