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Biotech / Medical : Senomys(SNMX)- A Taste for Success!!!
SNMX 1.4900.0%Nov 5 4:00 PM EST

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To: gfp927z who wrote (72)5/3/2005 3:56:37 PM
From: Arthur Radley  Read Replies (1) of 192
 
gfp,
Couldn't agree more...biotech investing is fraught with hurdles in making it a winner. Takes only one death in phase testing or serious adverse side-effect to kill a drug..What I find amazing is the mentality that comes to play in this field..often I think it is the Mensa crowd that invests because of the intellectual discourse opportunities, totally ignoring the mundane medical stocks surrounding this field. One of my current investments is (CMN)..started buying around $15.00 and got a 3:2 stock split since..company is in medical arena in two major segments...with a kicker being a water play. And no interest here on SI because of its non-glamour image.

Just to prove my thoughts I started a thread here on SI for another of my holdings. I started buying in the mid-$8.00 range. Anyway, I've never mentioned this thread anywhere on SI before now and the stock has appreciated over 20% since I first started the thread...again, a mundane stock with huge potential IMO. And again...not one poster has posted on the site, nor book marked it. It just happens to be in a non-glamour area!

SNMX is a stock that also travels under the radar!
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