- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Who wants to gamble? Possible game changer
Posted on 3/27/12 at 8:40 pm
Posted on 3/27/12 at 8:40 pm
1
Posted on 3/27/12 at 11:21 pm to greenhead11
I am never making a play on one of these again. I bought MELA, it had created a device to detect melanoma more succesfully. Well just before FDA gave their opinion the stock plummeted. I held, and it was approved by the FDA. But, the stock did not rise back to what I bought in at. So even if something gets FDA approval it does not always equal easy cash. In my experience.
Posted on 3/28/12 at 8:13 am to reb13
Yea that's what tends to happen with biotechs. Fortunately, or unfortunately, depending how you look at it, Amgen is a big company, so it wouldnt be as volatile as a a small cap like HGSI. But those small cap drug stocks run up more on FDA news. Its one of those things you have to buy on early rumor and sell on news. Having a little background in medicine, I really think this could be a game changing therapy. But if someone knows more about it, please correct me.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News