iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,475 Blog Posts

GET ON THE BIOCRAZE BANDWAGON

You do not need me for this. This is easy. Simply take a bunch of stock symbols, write them on small pieces of paper and throw them on the floor. Whichever symbols are facing up, those are the stocks “worth buying.” You can nerd it up and spent inordinate amounts of time studying stuff that you’ll never understand. Or, you can contract a good Doctor to offer expert opinions on drugs and the companies that make them, which will cost you thousands of dollars in consultant fees.

Or, you can throw a bunch of symbols on the floor and buy the ones that are facing up.

Go with the latter.

Top picks: BALT, RPTP, TXTR. I’m also eyeballing CEMP.

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22 comments

  1. tradercaddy

    I called my Doctor and he recommended PSA although I had DRE earlier in the week.

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  2. mr.partridge

    Dr,
    RPTP TXTR for the win.
    Thanks for your hard work.
    Mr. P

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  3. metalleg

    What if they are all face down?

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  4. sia

    You picked wrong on the biotech lottery apparently http://finance.yahoo.com/q?s=CLVS is the winner with a CNBC fastmoney endorsement!

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  5. georgiebest

    AEZS…..quite interesting
    P/S 0.48..just did a secondary at 1.17 with 0.8 strike warrants, for institutions only, they have no debt.
    volume is nearly 3 x ave.
    they hold about 80 patents & have multiple drugs in Phase I to III trials

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  6. ironbird

    Due to the castration trade known as biotech. One should offer only the extremities one would likely not miss. In for a few phalanges and possibly a kidney.

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  7. flyleech

    That is not a “Doctor” on the home page. He is holding an X-acto knife, not a scalpel.

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    • highsurf

      The X-acto is for trimming the flashing off a newly minted heart valve, fresh from his 3D printer.

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      • dawg

        X-actos’… fully reimbursed under ObamaCare

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      • dawg

        X-actos’… fully reimbursed under ObamaCare

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        • ironbird

          Having Top Ramen right now for the third time. Had a ghetto raised friend. In honor of 0 and all the magnificence. It looks horrendous. Peeps live on this shit?

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  8. yipstarr

    Bot $ICEL today.

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  9. Hideous fibs

    Which drug company is experimenting with a drug that makes women hornier than a 3 peckered billie goat?

    To the moon alice

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  10. postapocalyptictrader
    postapocalyptictrader

    Appreciate the humor, but your readers should be advised to tread carefully.

    Developmental drugs stocks have “binary events” such as PFUDA dates, on which you can lose 75% of your investment on a denial by the FDA.

    You can also lose 40% on a surprise dilution announcement, 75% on a blinded survival study when the 50th percentile death event occurs and is suddenly announced, 60% if your CEO resigns and the new guy doubles the estimated years to product launch, 30% on a well-researched hit piece timed to coincide with a mildly discouraging news release, or 30% if Adam Feuerstein wakes up on the wrong side of the bed and decides to tweet about your stock.

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  11. gatorsun

    CBMX all in it

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  12. gatorsun

    CLSN its a dog ..but aren’t most of them..making its move

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  13. heaterman

    Off topic………

    Googled Ibankcoin app for 5S and a host of selections came up, many of them claiming, nefariously I’m sure, to be the “official” IBC app.

    Which one is the real McCoy?

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  14. heaterman

    Thank you sir

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