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Biotech / Medical : The thread of life
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To: johnsto1 who wrote (326)4/11/2002 6:25:18 AM
From: Mike McFarlandRead Replies (1) of 1336
 
Speculating for ten and twenty baggers is
the way to play. Genotyping just doesn't feel
like it has the potential to do that.
Personally, I'd split 100k between, say,
five stocks that have a chance of bringing
a drug to market. Pull up the five year
chart up of IMNX, hey look at that, gains
that stick!

Sure, Orchid could easily go to $4 if the
sector perks up. But it isn't the right bet
to make, imho. Just my two cents worth.

That said, the short term chart makes it
look like a fun daytrade idea.

I don't have any confidence in what
the magic five should be--so for me that
particular "100k" will have to stay out
of the market; earning a glorious rate of
return of 3%, ha!
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