Anyhow, I imagine if Nords can be thinking about messing around with Hawaii's Central Pacific Bank, I figure I can mess around with a bio-tech or two.
I have done quite well with the one bio-tech that I bought. And, I really do believe that it will double in price in the next year or so. (I'm not quite sure what this belief is based on--except from what I read on Seeking Alpha). I don't believe there is much risk in this stock as per it going down. It has a product that has passed all the FDA tests (or, whatever tests it needed to pass).
But, get this: here comes along another bio-tech which I feel is for sure a riskier bet, but maybe has a chance to be a five-bagger in the next two years or just go bust. This company's product has only passed the phase 1 test. (Actually, I recently just missed passing my phase 1 test...again, but, that's a completely different story).
I'm still working (about 2/3 time) and figure to retire in two years. This is going to be (probably) my last wild dumb-sh*t investment ever so I plan to invest an unreasonable sum in one of these two stocks. I just can't quite figure out which one to invest in. I do own shares of both already. But, more is better...maybe?
Any thoughts?
I have done quite well with the one bio-tech that I bought. And, I really do believe that it will double in price in the next year or so. (I'm not quite sure what this belief is based on--except from what I read on Seeking Alpha). I don't believe there is much risk in this stock as per it going down. It has a product that has passed all the FDA tests (or, whatever tests it needed to pass).
But, get this: here comes along another bio-tech which I feel is for sure a riskier bet, but maybe has a chance to be a five-bagger in the next two years or just go bust. This company's product has only passed the phase 1 test. (Actually, I recently just missed passing my phase 1 test...again, but, that's a completely different story).
I'm still working (about 2/3 time) and figure to retire in two years. This is going to be (probably) my last wild dumb-sh*t investment ever so I plan to invest an unreasonable sum in one of these two stocks. I just can't quite figure out which one to invest in. I do own shares of both already. But, more is better...maybe?
Any thoughts?