WFL 0.00% 0.3¢ wellfully limited

not letting it rise yet..., page-25

  1. 34,916 Posts.
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    I can point out many more stocks in the bio sector that have acted like OBJ is right now and have failed miserably than stocks that have resulted in success like ADO.

    It's one of my pet hates, I don't think I've seen one stock talked about where a comparison hasn't been made to what could happen as per the successful another company has achieved. The success of a company has NO bearing on the potential success of another. Forget about comparing OBJ to other successful stocks, just concentrate on what has been achieved thus far, what they intend to achieve, quality of management, ability to meet targets etc etc and make your investment decision based on that. Right now there is nothing imminent. Be careful of those who indicate otherwise, some have been saying the same thing for a year or more now and have been wrong.

    I do agree however that it can be very hard to pick the right time to enter a stock, so if you do believe in the potential OBJ, there is nothing wrong with holding for the longer term until that potential success might be realised. That's what longer-term speculative investing is about.
 
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