BSD Medical (Long Term Investment Oriented) Message Board

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Biotech / Medical : BSD Medical (Long Term Investment Oriented)

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From: geoffrey Wren	8/8/2014 2:20:20 PM
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A story stock . . . . I never seem to do well with these companies that have a story of how their technology is on the verge of being accepted on a wider basis and doing great things. This particular company is very good at putting out releases that sound as though things are just falling in place to get good results, with such phrases as "gaining traction," estimating potential markets in the billions, and so on. Fact is this stock is down 50% from 9/26/2012 (the date this board was created), while broad market up something like 15% in that time, and their profit and loss statements look sad. It seems to have good technology, but that alone does not make for a good investment. If my holding was a taxable account I would already have sold to recognize the loss. Since that is not an issue, I will hold on for now looking for a better price to exit. GTW

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