In hindsight, maybe I should not have brought up Tony in this thread...
I am not hostile towards Tony, far from it, I hope this can be seen from my posts above. I agree with many of his opinions and I like his style.
Yeah, like you have said, he had had a terrible time, but so have others as well - I don't know of any forecaster who gets it right most of times.
And, what is very important, we are supposed to do our homework (not Tony for us) and decide whether we should buy some stock or not, he cannot be blamed if any of these goes belly up or does not perform. Biotech sector is one of the toughest IMO.
Also, all small cap biotechs are down at the bottom, including the ones which are onto something. And they have not done anything wrong - have great management, great fundamentals, great projects in the pipeline, consistently delivering good news and so forth.
The fault lies, IMO, with the market sentiment towards biotechs but that will change for sure.
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