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Biotech / Medical : Biotech Stock Picking - 2002
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To: scott_jiminez who wrote (256)6/12/2002 10:33:44 AM
From: Mike McFarland   of 308
 
<gloriously oblivious to the fact the sector is probably more susceptible to investor sentiment and hype>

Not true. I've been here on SI for a few years,
and I think all the regular followers of the
sector are aware of that, and have adknowledged
it in their posts.

Making money in the market often comes down to
being lucky, not right--at least that is true for me.
And I don't see a lot of 'hubris' on biotech_SI,
what are you smoking?

I agree with rkrw. You seem to have a mean streak
ronscott, what is the point? For sure we all would
have done well to take the money and run a couple of
years ago. What a shame some of us have tried to
be faithful to the sector and hold shares in the
companies we like. About the best you can do is
avoid some of the losses, I've limited mine to
about 40% since March 2000, which is horrible sure,
but anybody who got into biotech before late 1999
should still have some money in the bank.

It is enough to be punished by the market, we
hardly need you to be rubbing our noses in it!
And to pick on Rocket and Vector, that is crazy.
Those two have never run around the threads
pumping their stocks. It was a good experiment
their portfolio--and we can all see that one
should not trade on margin.

Anybody who has watched the model portfolio owes
them a debt of gratitude--you can be sure that I have
never traded on margin, and never will thanks to that
example.
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