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Replies to #77994 on Biotech Values
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randychub

05/17/09 9:04 AM

#78023 RE: DewDiligence #77994

Valuations - Everyone should keep in mind that while valuations are nice they are about as successful as the typical biotech company. Just a few examples:

Dew - Genr - He made money but out side of him and the GENR board few other did. IDIX - Was a buy at $12, still is at $3. IMCL was a buy a $5, a sell at $30, went to $86. GTCB was a buy at $3 and a sell at .30.

David - YMI, I could go on but Dew handles that enough already.

BI - Gives more knowledge then a properly worded google query was convincing everyone to sell IMCL at $5.

I have own every stock listed here. Made money on YMI, IMCL, MNTA, and GTCB. I could name all of my failures but the list is to long and no one listens to me here anyway.

The point I would make to all the lurkers is that this is the best biotech board in the land, but if MNTA goes from $10, to $5, to ... they take the money out of your account, not the knowledge sharing posters on this board.

R