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BioChica

03/24/13 11:51 AM

#117516 RE: freethemice #117513

Yes so true! From observing many biotechs over the years. I would have to say a long term investment in Bio's is foolish! But that's my opinion. Even with the lucky ones that reach approval the stock PPS usually drifts down, on sales or other reason! Wise to get out when you can! Take profits when you can then buyback if you think it still has potential. I have been in and out of at least 30 or so Biomeds, they all have had the same pattern.