dyor in this company, page-11

fjifcm - you are far from alone in being sucked into the hype of a bio company.

i lost a fortune in PSD a few years ago. . .. . received a tip from a mate, looked at the company and thought "well, its future looks really exciting. Admittedly, it's very hard to see why it should be valued by the market at $300 million as the value could prove to be anywhere from $0 to $billions. . . .but the market couldn't get it grossly wrong." . . . or so i thought.

in fact - the market had got PSD grossly wrong. Was $1.22 then, is about 10% of that now.

Now - I research harder, I talk to any experts that I can find (and not people who think about the stock market every day - rather, people who think about the product / industry everyday). . . .and I trust my judgment rather than short term market fluctuations.

I don't post too often on sites like this as nobody seems to like a negative voice. However, at a time like this, when IMI is running on nothing but puffery, I do try to lend a hand in the hope that I can save one or two new guys from learning things the hard way like i had to. . . ..