surviving biotech investing, page-7

  1. 133 Posts.
    Thank you PoS, great insights as always.

    I've only been investing a couple of months now but do make a point of following your posts. I've found that you have a very straightforward approach, tell it how it is, and maintain composure when others are tending to panic. Despite turbulence and losses like PBT you seem to keep a glass half full perspective, take responsibility and learn from your decisions.

    You have helped many on this forum by sharing your experiences (good and bad) and filling in knowledge gaps. I've picked up great tips such as the importance of good biotech management and the need to have the right people on boards to convert good science to commercial success - ie. great ideas / products on their own are not enough.

    Even though I must admit that I am currently in the red on most of my bios, you've helped me to be more interested in the fundamentals of companies and focus on the bigger picture - it helps cut out the noise and price fluctuations. Patience is definitely key. Anteo is an excellent example of that. I won't lose any sleep over any drop in price - in fact it is a great opportunity to buy more.

    I think one of the biggest challenges to maintaining patience is being in between news. Sometimes it appears that commentary on stocks reaches a stage that resembles 1000 different ways of saying that there is nothing new to report. Doesn't stop me from reading though (and probably adding to it!). It is hard not to be excited about the potential of some of these companies.

    Time will tell this year but I'm optimistic for what the second half holds. Plenty of anticipated results, deals, and launches.

    I also definitely subscribe to the advice to only invest what you can afford to lose - that helps with sleeping at night too.

    I wish everyone success for the rest of 2014.

    Cheers.
 
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