The Critical Investing Workshop Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Clappy who wrote (30924)	8/29/2000 1:16:22 PM
From: lurqer	Read Replies (1) of 35685

Do you prefer HGSI Last time I gave a serious look at biotech was about 3½ years ago. Seemed as though there were a plethora of small companies each trying to "hit a home run" prior to burning up their cash. Some would make it; most wouldn't. Not being in that field I had no way of determining which would. Moreover in trying to locate some "expert" advice, I became disillusion at the abilities of others to spot the winners in this field. Now I realize this is very different from what you are doing with your afterhours trading strategy. Also to bet on the Genome Project I took a (small) position in INCY and HGSI (this was long before CRA existed). These are long term (multi-year) positions with which I'm quite happy. The only short term biotech money I've made is shorting (selling covered and naked calls) in last spring's mania. That was a psychology play rather than a biotech play Good luck in biotech. There's certainly money to be made in the sector, I just don't know how to do it. You know my Eastwood quote: "A man's got to know his limitations". All the best... lurqer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next