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Biotech / Medical : The thread of life
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To: zeta1961 who wrote (930)3/25/2006 10:22:38 AM
From: Mike McFarlandRead Replies (1) of 1336
 
<chip and a chair>

A poker expression...in the past few years,
Texas Holdem has become popular.
economist.com

When you put all your chips in to ride on
the outcome of one hand, a person says
"I'm all in"

In some ways the gambling I do with microcap
biotech stocks are like gambling on cards.
Of course in many ways it is nothing like Poker.

For instance, I am 'all-in' on this one gamble,
dpii--but on the other hand, I don't have to
sell my shares and fold.

Of course, I am not really all-in on dpi,
the 5% of my worth that I would have in biotech
just happens to be all assigned to the one stock.
Which has not been a good strategy. I'd have done
well this past year to juggle several ideas.
I'd probably own some pcop and glgc if I hadn't
thought dpi was the least risky. DPI shares may
indeed be the least risky of those three stocks,
but it sure as hell isn't going up, ha!
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