Replies to post #69313 on Biotech Values

[DewDiligence]

ARTE closed off 53% on the Chapter-7 filing. I’m surprised the drop was that large because an investor would’ve had to be living under a rock to not know this was coming.

At 0.03, the shares will now become appealing to the P&D types who are prevalent on many iHub boards. (WAMUQ, the board for what’s left of Washington Mutual after everything of value was confiscated leaving a debt-laden shell, is the most active investment board on iHub.)

Despite the fact that today’s ARTE PR told shareholders they won’t get even a crumb, some will continue to believe in miracles. The plentiful supply of such suckers is what draws in others to pump and trade these kinds of securities.

[sab63090]

Wow, you cover so many bio stocks, Dew & I thank you for keeping us informed!

I only allow myself a maximum of 8-10 stocks in my portfolio, but most include major companies with proven earnings results and trustworthy management ...they make mistakes but are honest.

I have an interest in biotech companies because I believe they offer an opportunity for lasting cures for many dreaded illnesses...really think gene therapy and gene editing will provide the answers at some point, probably after 5 years or so. I've tried to invest in a few for my grandchildren.