EMS 6.25% 1.5¢ eastern metals limited

when's the announcement???, page-10

  1. 28,706 Posts.
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    Hurley777

    Bio-medical stocks are very difficult. Many investors have lost their shirts, their homes, their marriages, burned on bio-tech

    Myself, I have only ever held three bio-techs (& wrote off or quickly exited others)

    Imo, a good bio-tech stocks needs to really fill a niche or offer something extremely compelling

    Duds i wrote off, when others asked me about them, include Ventracor. Ventracor was simply not important enough, with very high costs & neglible (short term) benefits

    The two stocks I held & did well from were MSB & CXS, which was taken over. the 3rd is EMS, have held regularly since 2006 or so

    MSB was a ten bagger, although i sold out after 2 bagger. MSB was/is the perfect biotech. on CXS a nicely took profit due to getting the jittered, just before it was sabotaged & then taken over cheaply

    such is the uncertaintly of bio-tech. it is basically hit or miss

    so with EMS, imo, one needs to decided whether the product is worthy; whether it is essential, i.e., a must have for society; whether it is easy to administer & cost effective

    for me, EMS has simplicity & effectiveness of administration on its side. i am in two minds about it, or say 2/3 for & 1/3 hesitant

    my intuition tells me it will be a wanted product; not for a high price; but a wanted product

    but as i said, bio-tech is a hit or miss affair

    good luck
 
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