<Certainly 'lame' could be ascribed to the
behavior of some of those choices>
We are all pretty lame in our comments from
time to time. Remember, although biotech has
been wildly profitable for many of us--this
exercise of posting messages is mainly just
a bizzare new form of social interaction.
The strange thing, is that flying from thread
to thread, and website to website, is a lot
like clicking with your teevee remote--it is
like Teevee for folks who are only a notch
smarter than the group watching "who wants
to be a millionaire".
Embedded within the noise (and I am as guilty
as sin for generating noise) there are a few subtle
signals. I call these signals which sometimes
lead to good biotech stocks "the force", just
to be silly and snag a few smiles.
Just to cover my ass a bit--not all of this stock
picking is tricky. Any dope could have logged on
to SI a year ago and begain researching biotechs.
If he avoided the micros (I happen to enjoy dabbling
in the micros) but instead looked for a little higher
quality, he'd have put himself into MLNM, SEPR, VRTX,
GILD, NBIX, GLGC and a number of other great choices.
There is a core group of competent biotech fellas
here on SI, I don't often follow them into stock
picks--but I'd have done well if I had more often.
IMHO, Gliatech, GLIA is the latest stock where a
good part of the work has been done for you here on SI.
Only a few hours of additional DD are required after
reading the SI thread (that takes a day however),
then and looking at the Yahoo thread for a read on
the short/long debate. GLIA is my number two holding
right now at a whopping 20% of my portfolio.
If I was just a little smarter than I am, I'd have
bought those a year ago and held them--and I would
not be sour grapes for having dabbled with the microcap
stocks. Wait a minute, what am I talking about, my
account is up 2700% since the October stop loss.
I am feeling fine!
If I occasionally make a few folks uncomforatable when
I go a little mental at 2am, so what. I do apologize
however.
all IMHO!
Mike.twocents.biotech.jedi |
