Replies to post #84286 on Biotech Values

[DewDiligence]

Your scam indicator appears to be good for the less well-known biotechs. Certainly useful for a cursory review of an unknown biotech stock. However, it isn't perfect, as both RPRX and PPHM (possible scams?) have Biotech Values on their hangout lists.

As noted at the very bottom of #msg-41917348, the indicator cannot determine that a given biotech is not a scam—i.e. the indicator has positive predictive value only.

Also, for some reason, CVM now lists Biotech Values board, where it didn't last week.

That’s amusing—perhaps ‘Stockbuilder’, one of the moderators of the CVM board, is now gaming the indicator! As evidenced by recent posts, Stockbuilder was perturbed that CVM was dismissed as a scam by multiple posters on the Biotech Values board.