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03-18-2015, 11:59 PM
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#1
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Confused about dryer sheets
Join Date: Aug 2014
Posts: 4
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Investing in biotech
From @StockTwits: Biotech is the best performing sector of the decade:
2015 (so far) +17%
2014 +34%
2013 +67%
2012 +29%
Huge breakthrough in oncology area. People will live longer because of these progresses and you will need more treatment and more $$$. Recalibrate your er model and invest in this business to fund your medical expense down the road. I remember one member said here using your AT&T dividend to pay your monthly phone bills. Same idea here.
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03-19-2015, 08:50 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
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Can someone explain what a bubble is? :-)
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03-19-2015, 09:59 PM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 16,973
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Quote:
Originally Posted by dallas27
Can someone explain what a bubble is? :-)
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No idea, but I'm going to get some biotek stuff right away, so I'll have some if I get sick
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03-20-2015, 09:37 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,107
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Looking at Biotech ETFs.. any recommendations, particularly BIB?
__________________
Duck bjorn.
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03-20-2015, 09:43 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,696
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I started investing a little into a Biotech fund in my Fidelity IRA. I started back in November, and have been putting in a little each month. Total return as of last night is about 29.5%.
Kinda makes me wish I'd put in a bit more.
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03-20-2015, 09:54 AM
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#6
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,155
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I have owned Fidelity Select Biotech, FBIOX, for over a year and a half. Very volatile but very rewarding.
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03-20-2015, 09:58 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,344
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Quote:
Originally Posted by braumeister
I have owned Fidelity Select Biotech, FBIOX, for over a year and a half. Very volatile but very rewarding.
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Same for me, it has been a fun ride for my approx 9 mos in the same fund. I plan to keep it, I see biotech as one area with good potential. Volatility is not a concern if you hold for longer term.
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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03-20-2015, 10:03 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I shorted biotech recently, just hoping for a quick few bucks. Lost a bit of money.
I then remember that people lost their shirt shorting internet and tech stocks in 1999. To short something, better wait until it has fallen off its horse.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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03-20-2015, 10:04 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,696
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Quote:
Originally Posted by 38Chevy454
Same for me, it has been a fun ride for my approx 9 mos in the same fund. I plan to keep it, I see biotech as one area with good potential. Volatility is not a concern if you hold for longer term.
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I figure that if FBIOX goes up too much, I'll simply stop dollar-cost averaging into it. And if it goes up so much that it throws off my portfolio, sell off a bit.
Being a rollover IRA, this isn't money I plan on touching until sometime after 59 1/2, so a good 15 years or more away for me.
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03-20-2015, 10:43 AM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Quote:
Originally Posted by braumeister
I have owned Fidelity Select Biotech, FBIOX, for over a year and a half. Very volatile but very rewarding.
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++
3 years here. I sold it once, swore it was too hot and I'd never touch it again. I couldn't resist came back, I'm feeling it's too bubbly up here, but I haven't walked away.
@Brat are you watching BIB for trade or investment? Whenever I buy in the future will just be IBB. I worry this thing is "long in the tooth", but IDK.
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03-20-2015, 11:28 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,107
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Maybe I should opt for a cooler health care investment such as VHT. Wondering around still, considered IBB but FBT is concentrated on big pharma. I think the larger pharma firms buy out the successful smaller ones to reduce risk.
__________________
Duck bjorn.
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03-20-2015, 08:47 PM
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#12
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Confused about dryer sheets
Join Date: Aug 2014
Posts: 4
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IBB is the best ETF if you want to play in this space. For individual ones, I'll suggest large caps, e.g. AMGN, BIIB, CELG, GILD. 2 of them also pay dividends as well. Large pharma company will have issues moving forward with lower r&d productivity (reason why you er'ed from megacorp) and pricing pressure from ACA. They will buy smaller ones and will pay huge premium. If you have connections with some big name doctors in your area, they will tell you what's going to be hot in next few years. You can put small amount of gambling money on them. Can be a wild ride, for example, PCYC, JUNO, BLUE, KITE.
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03-22-2015, 03:45 PM
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#13
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Confused about dryer sheets
Join Date: Aug 2014
Posts: 4
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03-22-2015, 03:50 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,000
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__________________
Numbers is hard
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03-23-2015, 12:15 AM
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#15
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Recycles dryer sheets
Join Date: Jan 2009
Posts: 471
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If you are interested in individual stocks take a look at EXAS.
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03-30-2015, 05:46 PM
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#16
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Recycles dryer sheets
Join Date: Jun 2010
Location: Seatlle
Posts: 185
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All I can say is....
WHEEEEEE!!
__________________
When a contradiction is impossible to resolve except by a lie, then we know that it is really a door.
S. Weil
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03-31-2015, 11:54 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,107
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Did any of you watch the 60 Minutes package on the use of a virus to kill a deadly brain tumor. They did a brief interview of the scientist to proposed the approach as well as patients in the initial testing. I found it fascinating.
__________________
Duck bjorn.
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03-31-2015, 12:15 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Quote:
Originally Posted by Brat
Did any of you watch the 60 Minutes package on the use of a virus to kill a deadly brain tumor. They did a brief interview of the scientist to proposed the approach as well as patients in the initial testing. I found it fascinating.
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Yes they were using a modified polio virus. Treating Glioblastoma tumors which I thought were 100% fatal.
Whatever it is, a good friend of mine is in a different clinical trial for that same terrible disease. He was told to get his affairs in order as he had 4-6 months to live. Its been close to 3 years and he's doing well.
The polio treatment sounds very promising, better than what my friend went through.
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04-24-2015, 09:24 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
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I want into IBB. I actually bought 300 shares when it was $200 something last year but then quickly sold them after thinking on it and deciding it was too high and bubbly. Now if I want back into IBB it is $366
I suck so bad.
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04-26-2015, 07:28 AM
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#20
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Recycles dryer sheets
Join Date: Apr 2013
Posts: 252
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Proud owner of FBIOX and IBB. I hang onto FBIOX waiting for post retirement when I can go for 0% capital gains rate. I buy and sell IBB often, the volatility gives opportunity of 1-2% short term gains. Whenever it dives I buy and set auto sell level for gain. I do this with the gambling money portion of my portfolio.
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