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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?


To: Dave K who wrote (248)9/11/2000 1:30:59 AM
From: scaram(o)uche  Read Replies (2) | Respond to of 1833
 
>> Still waiting for your 10 bagger pick. <<

You lost me..... there were a few back in February. But..... you really lost me, as KDUS itself was a 20-40 bagger, out of nowhere, last ride. That's why this portfolio is up 398% (basis is 100K, with "first ride" KDUS profits included in "total cost" as shown. KDUS shares shown are from "second ride". Portfolio established 12/29/99).......

siliconinvestor.com

10-baggers were a dime a dozen in biotech early this year. Most biotech newbies were really racking them up, as they wanted CRA et al. I got TTP, KDUS, and CRGN. I didn't stay with MLNM or VPHM to those lofty heights but they made it. NBIX came damn close. BTRN did it, but not if I cost average.

The biotech landscape was littered with them at the end of February. But the 20X plus in KDUS, November to March, was nice enough. It should never, IMO, have come back below $2. But, I'm glad it did.

In any event and IMO, now is not the time to be picking 10 baggers. Position trades are working great, however.