Biotech
- Thread starter Chomp
- Start date
geezus!!! biotech?
you wanna watch their progress daily and make sure you know what the results from FDA tests are before they're published.
i can't think of ANYTHING more suited to a 2/5MMA (minute moving average) than biotech.
you wanna watch their progress daily and make sure you know what the results from FDA tests are before they're published.
i can't think of ANYTHING more suited to a 2/5MMA (minute moving average) than biotech.
no offence mate, but in biotech there's no such thing as "reward". it's pain, pain, pain, pain, waiting, pain, pain, pain, waiting, pain, payday (doesn't make up for the pain and waiting).
maybe an index fund...?
sorry - i'll agree to disagree
sorry - i'll agree to disagree
I agree with Aaron.
You don't minimise risk by investing in a fund like BTC. Go on the ASX website, put BTC in the search bar and look at the graph which comes up.
Not pretty.
It depends on what you are hoping to achieve. Are you wanting to trade them or invest in the long term hoping for the new CSL?
1-2 years is nothing, just a blip in the life of a biotech. Even if they have a good product and it's given the green light by the US FDA they still face struggles with funding and marketing. Many of them just hope to get to a certain point and try to be bought out by larger American companies.
With individual stocks in the biotech sector you are at great risk of the volatility caused by pump-and-dumps. This means that there is a flurry of news reports, whizz bang stock pickers writing in glossy magazines, and internet forums full of adolescent ning nongs all going ballistic over impending good news; the price starts to skyrocket and you think - wow! I was a genius to pick that stock and than whoosh! it gets all sold off in 10 minutes flat and you are left holding the dirty socks.
Unfortunately it's not the quality of the product or research which is driving the company in the early days - it's the behind-the-scenes funders who desperately try to get their money out before it all goes under. The games they play leave the small punters way out of the picture.
If you have the talent to trade in a really disciplined way (buying after a large drop and selling when it hits a predetermined target) you can do well, but it requires a large amount of time and dedication.
You don't minimise risk by investing in a fund like BTC. Go on the ASX website, put BTC in the search bar and look at the graph which comes up.
Not pretty.
It depends on what you are hoping to achieve. Are you wanting to trade them or invest in the long term hoping for the new CSL?
1-2 years is nothing, just a blip in the life of a biotech. Even if they have a good product and it's given the green light by the US FDA they still face struggles with funding and marketing. Many of them just hope to get to a certain point and try to be bought out by larger American companies.
With individual stocks in the biotech sector you are at great risk of the volatility caused by pump-and-dumps. This means that there is a flurry of news reports, whizz bang stock pickers writing in glossy magazines, and internet forums full of adolescent ning nongs all going ballistic over impending good news; the price starts to skyrocket and you think - wow! I was a genius to pick that stock and than whoosh! it gets all sold off in 10 minutes flat and you are left holding the dirty socks.
Unfortunately it's not the quality of the product or research which is driving the company in the early days - it's the behind-the-scenes funders who desperately try to get their money out before it all goes under. The games they play leave the small punters way out of the picture.
If you have the talent to trade in a really disciplined way (buying after a large drop and selling when it hits a predetermined target) you can do well, but it requires a large amount of time and dedication.
I have a little bit of play money in VLA. It spends months and months doing sfa then a report comes out and it spikes for a few days then it's back to flat for a few more months.
* disclaimer: do your own research as I have already dropped a ton on trading so maybe I'm not worth listening to......
* disclaimer: do your own research as I have already dropped a ton on trading so maybe I'm not worth listening to......
Branching from this to speculative small caps in general, what are peoples views on other small cap species which aren't miners or mining sector related.
I for the life of me cannot think of a viable small cap outside of this sector which isn't 100X more risky than miners.
I for the life of me cannot think of a viable small cap outside of this sector which isn't 100X more risky than miners.
I'll just leave this here.......... PYC
wrote a note about it on another thread here
http://www.somersoft.com/forums/showpost.php?p=752820&postcount=14
BTA has been a bit rubbish of late, fell 26% this week on poor earnings.
wrote a note about it on another thread here
http://www.somersoft.com/forums/showpost.php?p=752820&postcount=14
BTA has been a bit rubbish of late, fell 26% this week on poor earnings.
we putting money into these type of stocks you have to use the term "investing" loosely..
more like trading and speculating.
but hey if you want to get a 1000% return you have to take a risk or 2!
more like trading and speculating.
but hey if you want to get a 1000% return you have to take a risk or 2!
You could look into something like this.
http://www.qbiotics.com/
You cant really trade it, its quite long term, and I tend to treat it more as a donation to Australian research than an actual investment.
http://www.qbiotics.com/
You cant really trade it, its quite long term, and I tend to treat it more as a donation to Australian research than an actual investment.
