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follow mell 2017 Aug 31, 9:41am
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Mell, for me, the single most important parameter that determines whether I should pay attention to a stock tip is HOW you first heard about the stock)s) in question.How did ARRY come to your attention? what date?How did VCEL come to your attention? what date?
Hey mell, not trying to rain on your parade, but I think it was you who frequently touted OXGN. Whatever happened with that one, it seems to have went bust.I do like this model, though. We used to use it in handicapping, if you could average your plays @ +200, you only need to hit 35% to be profitable.So if you're gunning for 2x-3x gains, you can afford two out of three to go bust, and still turn a profit.
Was oxgn the company with the diabetes drug, or something similar?
Sad because there is a real need and I have been toying with the idea of putting a little into MNKD, who are now the only company for inhaled insulin (Affreza goes into the lungs which I consider inferior to GNBTs buccal delivery due to more side-effect, but there are so many needle-phobes out there that they may have a decent market soon). If MNKD can ramp up Affreza sales and make it affordable/fully reimbursable, why would people choose the needle?
giving me the biggest loss I've ever eaten erasing all the gains and some,
The market will be at 30,000 by December.No one ever loses in the market or flipping shacks.mell saysgiving me the biggest loss I've ever eaten erasing all the gains and some,Got a dollar amount?
Mell,I'm looking at both of these stocks, and here are my opinions:VCEL - This stock probably had a reversed split. Otherwise, it went from $100+ down to where it is today. You can make an argument that it's forming a handle at today's prices before the break out? From the numbers, this stock is way too speculative. Of course it can be a 10-20 baggers, but it who knows. One shouldn't gamble with this stock on the money s/he can't afford to lose.ARRY - Looks like it's forming a handle too before a break out?Good luck.
Thanks for sharing Mell. If one is looking for an entry point, today is about as good as it gets. Yeah, one maybe able to squeeze another 10-15 cents to the downside for the bragging rights, but this is a good entry point. I'm going to trust you on your research and buy 2,000 shares today. IF it goes up 10 folds in the coming years, I'll be happy. If it goes to zero, it'll be a tax write-off. $8.5k is something I can afford to lose without losing sleep over it. Good luck to both of us. ;)