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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (4015)6/6/2001 2:48:02 AM
From: Doc Bones  Respond to of 52153
 
Let me say first that I'm sure Mike is who he says he is: I have no trouble believing he is a lawyer. ( <g> & apologies)

But if we're going to talk about civilized behavior, I find replies like this, to someone who dares to criticize the great Cramer, offensive:

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Message 15866729

Cramer steal your lunch money one day?
Maybe you shouldn't read his stuff in the future.

MIKE

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And I think we know now that you think Cramer is a great investor/biotech expert, and that you think several of our regulars should start a hedge fund.

Endlessly repeating these facts can get annoying.

I'm concerned because I've seen several threads on SI damaged lately by posters who join a successful thread, and make a nuisance of themselves, constantly fighting with the regulars and being deliberately obnoxious.

Do I think you've reached that stage? Not yet. But you might want to start your own thread: "Cramer, biotech genius" or something along that line. There have been many posts to this thread detailing Cramer's record and statements in a negative way. I'd be happy to see any substantial evidence you have in his defense, but the fact that you think he's great, I get that.

As far as success with a biotech hedge fund, I would think you'd need 1) An enormous amount of self-promotion, 2) A willingness to join the "biotech mafia" - hedge funds that Lissa Morgenthaler said had controlled biotech stock prices for years, except when the early 2000 run-up got away from them.

I don't think the top quality posters here would want to do that. They've dispensed world-class advice for years for free in a collegial atmosphere, satisfied with their own gains and that of their friends.

If you prefer Cramer's opinion, that's between you and your wallet. Good Luck!

Doc