Doss2k All American 18474 Posts user info edit post |
Depends, biopharm stocks like these are all speculation. If they had anything legitimately proven you would see it jump above 10 within a day or two. On the flip side, all it takes is one study saying the drug isnt as effective as anticipated and it will drop like a rock in the same time frame.
They are all high risk high reward stocks that you can easily get burned on. The good news though is Walter did get many of you into a stock before the pump and gave you a chance to make the money.
My suggestion for anyone who still has cheap shares is to sell whatever your original investment was and if you believe its a good company then hold onto all your house money shares long term. This is especially true for anyone who is up more then double. Worst case scenario you have lost nothing at that point. Yes, you limit possible upside but you also have zero downside at that point. 8/7/2013 2:46:50 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
AMGN bought ONYX so it leaves INO in a good position for Merck.
INO reports their sales Friday. 8/7/2013 3:11:25 PM |
slaptit All American 2991 Posts user info edit post |
http://beta.fool.com/leokornsun/2013/08/06/a-closer-look-at-the-battle-over-cancer-treatments/42693/?source=eogyholnk0000001
There are reasons to believe Merck is interested in an acquisition... 8/7/2013 7:35:14 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
waiting on the earnings report still...
Had a better day today at least - traded well in the after hours last night, and is already up in after hours right now. 8/8/2013 4:19:18 PM |
Walter All American 7760 Posts user info edit post |
ncsuallday spotting on the yahoo forum 8/8/2013 4:43:54 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
haha called out! 8/9/2013 9:54:32 AM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
Looks like its about to tank. Down 30 cents since the earnings report... 8/9/2013 5:27:10 PM |
hydro290 All American 1703 Posts user info edit post |
Quote : | "Its called a pump and dump, welcome to investing in cheap biopharm companies. The people who made all the money already sold their shares on the pump. The real losers are the ones who chased and bought it near the peak. Now your options are to sell if you are at a profit and be happy you made any money, wait it out as it now slowly trickles lower and lower until you give up, or hope that down the road someone decides to pump it again and then dont make the same mistake next time." |
8/10/2013 11:25:22 AM |
Walter All American 7760 Posts user info edit post |
Wish I had the funds to buy more this morning...that is a steal 8/12/2013 11:29:17 AM |
jsncc587 Veteran 382 Posts user info edit post |
I see this ending poorly for you. 8/12/2013 12:38:44 PM |
Doss2k All American 18474 Posts user info edit post |
Stocks like these are what trailing stops were made for. 8/12/2013 2:40:16 PM |
FanatiK All American 4248 Posts user info edit post |
INO is a classic pump n' dump. They really don't have any upcoming catalysts in the short term, which is really the only reason to play biotechs.
You will get burned more often than not if you're holding a stock hoping for a buyout/merger. 8/13/2013 8:21:18 AM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
those announcements this morning have brought the price up a bit, despite the generally poor market. hoping good things continue. 8/15/2013 11:05:29 AM |
Slave Famous Become Wrath 34079 Posts user info edit post |
INO finally makes a jump, after a week of taking a dump 8/21/2013 1:52:42 PM |
Walter All American 7760 Posts user info edit post |
yeah it's been a pretty disappointing past 2 weeks ever since that $3 run up based on rumors and anticipation of a partnership announcement
wish I had the foresight to dump when everyone else did and rebuy at these levels
no doubt it will be back at $3+ once a partnership comes to fruition though 8/21/2013 5:18:02 PM |
FanatiK All American 4248 Posts user info edit post |
^don't you mean if a partnership comes to fruition? 8/22/2013 9:30:15 AM |
Walter All American 7760 Posts user info edit post |
No, I mean when 8/22/2013 10:12:51 AM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
from Yahoo board:
Quote : | "Hi Phil:
I understand the sentiment that goes along with this kind of share activity.
We can’t just create news releases when it seems like one might be valuable. Certainly I get your perspective that news right now might be helpful.
The facts are that Inovio has publicly stated that the company has advancing partnering discussions with large pharmaceutical companies. We have reported on multiple occasions positive data in different disease areas. We have an eminent team of scientists working hard to advance Inovio’s technology.
We expect to make further progress and we will issue news releases when we have that opportunity.
Best regards,
Bernie Hertel" |
I've actually spoken with Bernie as well.
I hope something is going to happen soon.8/22/2013 10:39:19 AM |
1985 All American 2175 Posts user info edit post |
made a few bucks on this today and I'm getting out of here. Looks dangerous 8/22/2013 12:29:02 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
this stock is crazy 8/22/2013 12:35:57 PM |
jsncc587 Veteran 382 Posts user info edit post |
Can go down 30% just as easily as it goes up 30%. Taking equity position in a firm where 100% of revenue comes from grants is going to be risky and volatile. 8/22/2013 12:47:33 PM |
synapse play so hard 60938 Posts user info edit post |
runs up and down like a penny stock
[Edited on August 22, 2013 at 12:52 PM. Reason : [/expert analysis]] 8/22/2013 12:52:10 PM |
ClassicMixup All American 3877 Posts user info edit post |
Nasdaq pwnt stay home 8/22/2013 2:50:10 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Loving that MSFT that was put to me a week ago. 8/23/2013 10:07:44 AM |
Geppetto All American 2157 Posts user info edit post |
So, i've lurked these posts for about 4 - 5 years and one thing that I have never seen discussed but would be interested in is what are your individual alphas? While I do see some people post losses, it isn't everyone and the positive trades appear to outweigh the negative ones. But one thing I've missed (not saying it hasn't been shared just that I haven't seen it) is what each person's alphas are or what their typical annual return is.
I only ask because I hear a lot of targeted investing and imagine that if you were routinely beating the s&p you'd be on wall street not on wolf web. 9/3/2013 9:24:21 PM |
1985 All American 2175 Posts user info edit post |
^ This is the internet, everyone is above average at everything in their lives.
For real though, Im probably down overall because I suck at this game 9/4/2013 11:36:09 AM |
Tarun almost 11687 Posts user info edit post |
<----- down a lot on AAPL 9/4/2013 11:39:17 AM |
synapse play so hard 60938 Posts user info edit post |
so we're not talking about INO anymore? 9/4/2013 12:32:12 PM |
Doss2k All American 18474 Posts user info edit post |
To be fair in my trading account I turned 15k into about 2.5k in a few years, then turned 2.5k into 15k in about 3 weeks. Took 11k out and spent the last 4k on Tesla puts when it was around 110 and well you can figure out how that went haha.
A good portion of that was due to investing in companies like INO that looked good then tanked.
[Edited on September 4, 2013 at 12:51 PM. Reason : .] 9/4/2013 12:49:30 PM |
Kurtis636 All American 14984 Posts user info edit post |
I'm up, mostly because of Ford. I'm not beating the S&P 500 though. 9/4/2013 12:50:30 PM |
David0603 All American 12764 Posts user info edit post |
I usually match the market, although I'm way up on AAPL, IBM, GOOG, and way down on RIMM and GS. 9/4/2013 7:56:41 PM |
wahoowa All American 3288 Posts user info edit post |
Sirius XM, Best Buy, and Cintas have been my three big winners. The rest have just been matching the market or slightly underperforming. HP has been my worst....completely tanked at the end of last year and Im almost close to breaking even at this point after more than a year of holding. Wish I had jumped on the Tesla train...I had seriously considered it when it was around $37 but never pulled the trigger.
[Edited on September 4, 2013 at 8:42 PM. Reason : a] 9/4/2013 8:42:04 PM |
Doss2k All American 18474 Posts user info edit post |
One of my biggest regrets was pulling a buy order for CFX in the 6-7 dollar range for 1000 shares. Trades at 50 now 9/5/2013 8:06:41 AM |
CalledToArms All American 22025 Posts user info edit post |
I usually just match the market too. I occasionally make a play in an individual stock, but 99% of my investing is in various index funds. Not exciting but it has worked for me so far. 9/5/2013 8:11:59 AM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
INO is up above $2 again, which is a relief. It's all on speculation because the CEO is starting a scientific conference tour this weekend and through September/October so people are hoping for positive trial outcomes and/or a merger announcement. Hoping for the best... 9/5/2013 1:43:21 PM |
Walter All American 7760 Posts user info edit post |
Going back to $3 again soon
^Did you keep the stop-loss in at $1.86? What did you buy back in at, if so?
[Edited on September 6, 2013 at 11:02 AM. Reason : .] 9/6/2013 10:59:36 AM |
synapse play so hard 60938 Posts user info edit post |
$3, what happened to $20? 9/6/2013 11:14:34 AM |
Walter All American 7760 Posts user info edit post |
When their drugs start getting FDA approval, it'll be at $20 easily . Be patient, young grasshopper. 9/6/2013 11:18:00 AM |
jbrick83 All American 23447 Posts user info edit post |
Goddamn Boiler Room up in this mother fucker. 9/6/2013 11:45:39 AM |
Walter All American 7760 Posts user info edit post |
drugsvaccines
I am feeling a short squeeze coming along very soon...
[Edited on September 6, 2013 at 11:51 AM. Reason : .]
9/6/2013 11:48:19 AM |
Walter All American 7760 Posts user info edit post |
9/6/2013 1:54:18 PM |
Walter All American 7760 Posts user info edit post |
Hovering around 2.50 in after hours...could be a huge day on Monday, leading up to INO's presentation on Tuesday.
$3 close Monday afternoon? 9/6/2013 5:01:31 PM |
synapse play so hard 60938 Posts user info edit post |
9/6/2013 6:59:22 PM |
Walter All American 7760 Posts user info edit post |
Quote : | "will
be
$3 [by Tuesday close]" |
I stake my wolf web reputation on it
lol9/6/2013 8:44:14 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
Quote : | "^Did you keep the stop-loss in at $1.86? What did you buy back in at, if so?" |
I had it in effect for a day and it went within a penny of hitting but thankfully never went through. I still have 1,700 shares. I fully expect this to go green for me on Monday or Tuesday and I'll be watching the conference on stream so if there's no news I'm gonna sell while it's up and buy back in after it comes down. If it's good news, I'll hold it for a while longer. This stock has a lot of potential, I wish I had bought more when it got down in the $1.30s9/8/2013 2:54:48 PM |
Walter All American 7760 Posts user info edit post |
It's been bouncing between 2.70-2.85 premarket...looks like it could go to $3 this morning
I am hoping that the price will hold strong this time around, especially with all of the conferences coming up over the next few weeks. I don't think there will be a huge sell off as there was last time, but who knows?
[Edited on September 9, 2013 at 8:56 AM. Reason : .] 9/9/2013 8:36:14 AM |
wlb420 All American 9053 Posts user info edit post |
just sold about 3000 INO shares @ 2.60....Right around 100% agregate return, not too shabby. I'll buy back in if it drops down to the mid 1's again.
props to Walter for the protip. 9/9/2013 10:06:43 AM |
rflong All American 11472 Posts user info edit post |
If it hits $3 again, I'm selling out too. I've got a couple strong positions in INO, but one that I fucked up on and bought at $2.65. 9/9/2013 10:08:42 AM |
wlb420 All American 9053 Posts user info edit post |
looks like the dump is on 9/9/2013 11:21:03 AM |
rflong All American 11472 Posts user info edit post |
LOL at INO. I guess I am in it for the long haul 9/9/2013 2:42:05 PM |