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re: Portfolio Percentage of Mututal Funds vs Stocks
Posted on 9/13/12 at 3:47 pm to donRANDOMnumbers
Posted on 9/13/12 at 3:47 pm to donRANDOMnumbers
Two words: Travelers Diarrhea
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
2
Posted on 9/13/12 at 3:53 pm to lighter345
same here. vast majority of my portfolio is long. i keep a little on the side that i like to buy and sell with.
eta:
i get it now
eta:
quote:
Travelers Diarrhea
i get it now
This post was edited on 9/13/12 at 3:58 pm
Posted on 11/30/12 at 11:09 am to lighter345
i ended up buying a few hundred shares of SNTS for the hell of it. up almost 20% now. 
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