IMU 2.44% 4.2¢ imugene limited

Biotech stocks can be a bit scary for people .... many have...

  1. 1,617 Posts.
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    Biotech stocks can be a bit scary for people .... many have failed.
    I have invested in a few that were promising eg PXS which
    has not done well .... there are perhaps 5% which hit bigtime,
    and not surprising that people are cautious when there are stocks
    with revenue and profits. When those 5% succeed, the upside
    can be amazing, eg NEU and that is why some of us choose
    to take on more risk and hope that we will be lucky.... not
    for everyone. Also comes down to whether you can afford to
    lose your money. Actually I cannot afford to lose much, but am
    confident that my entry price is such that any loss can be covered.
    People generally will not be bothered to do extensive research
    and you notice that many here have medical knowledge or are
    longtime investors who will suss out the facts, or have met with
    cancer and fervently hope for better outcomes.

 
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