Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Stock Tip: KPTI

By: Decomposed in POPE 5 | Recommend this post (0)
Fri, 13 Sep 19 10:31 PM | 38 view(s)
Boardmark this board | Pope 5 		Msg. 39860 of 62138
(This msg. is a reply to 39843 by micro)
Jump:
Jump to board:
Jump to msg. #

micro:

Re: "So we have a stock that is bleeding red, people are gobbling it up, and it continues to do well. MAkes perfect sense.... Question Question Question LOL!!!!"No offense, but if you behave conventionally, you will likely have conventional results. Conventional stock gains often don't even make up for the rate at which inflation drains the invested money's buying power. For me, that's unacceptable.

You've seen that I've made recommendations that return 100%, 200%, 300% and more. I've also made picks that lost 100% (though I usually bailed before they fell quite that far), but it takes nine total losers to offset a single 10 bagger. I've had enough of those to make continuing with what I'm doing a no-brainer.

The reason you reject my recommendations is, I think, that you don't realize that we are playing different games. I used to invest the way you do, and I did all right. I changed my strategy and did far better. I'm not looking for well known, profitable companies. I'm looking for small companies that appear to fill a unique, lucrative niche. I've usually found them in biotech. If a small company makes a significant medical advance and the FDA approves it, there's an excellent chance that its price will jump several hundred percent in the coming years. There's more to it, but that's the gist of what I want in an investment. 3% and 5% gains and dividends just don't cut it with me anymore. Life is too short to invest that way.

Re: "How many thousand shares did you buy?"Once again, no offense. That's personal and I'm not going to answer it. Nothing would be gained from telling you, and you wouldn't even have any way of knowing if I was telling the truth. (Out of curiosity, why do you want to know?) I'll only tell you that I put twice as much into KPTI as I used to call my "standard position." I'd have bought still more, but I didn't have any more cash in the brokerage account. I'll also share that I bought at $8.95 when the stock was falling. When I recommended it here, it was $8.65. A few days later it was below $8.00. I've never claimed to be the world's best at timing. I just have a very good "algorithm" for finding likely long-term big winners before the big guys do.

BTW, KPTI's volume has stayed low. I like that. Someone with bucks is going to notice it eventually and both the volume and price will leap.




Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


 - - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Stock Tip: KPTI
By: micro in POPE 5
Fri, 13 Sep 19 9:11 PM 		Msg. 39843 of 62138

How many thousand shares did you buy?

26 percent is a healthy short term return. What bothers me is there is nothing but red ink on their financials...

Hence, NO PE ratio because thee aren't any...

So we have a stock that is bleeding red, people are gobbling it up, and it continues to do well. MAkes perfect sense.... Question Question Question LOL!!!!

It was a great pick De. Still beyond my grasp of why this company cannot make money...


« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next