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Re: Looks like another good market day 

By: Decomposed in POPE 5 | Recommend this post (1)
Wed, 27 Nov 19 6:40 PM | 32 view(s)
Boardmark this board | Pope 5 		Msg. 45532 of 62138
(This msg. is a reply to 45531 by micro)
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Nemo:

Re: "KPTI is a THREE bagger from 6 months earlier."Even a few days earlier, an investor would be far ahead. But that's not how I work.

FDA approval of new medicines is a very big deal. What I've discovered is that most of the time, the stock price does not fully reflect the importance of the approval for MONTHS.

Before buying, I research and take into account the scope and severity of the disease being targeted, the new drug's probable pricing, the size of the company, its competition and several other things. When the stars align, I buy.

You're right that it would have been better to have bought KPTI before July 5th. But before July 5th, FDA approval was not in the bag and I wouldn't have touched the stock.

Something I've learned is that the biopharmas that interest me all follow a similar pattern: The FDA approves the drug; the stock jumps immediately; it may have a brief pullback; for the next several months it rises steadily; the company's management announces a new, HUGE stock issuance that pi$$es off investors and the stock TANKS, giving up as much as half of its gain (I expect this to happen somewhere between $21 and $25 per share), the stock resumes its run and (a few years later) peaks some place far higher or the company gets acquired.

In anticipation of the aforementioned management action, I'll gradually take profits at $20 and above. I want to have some dry powder if and when the "new stock issuance" announcement is made.




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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

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The above is a reply to the following message:
Looks like another good market day
By: micro in POPE 5
Wed, 27 Nov 19 5:04 PM 		Msg. 45531 of 62138

This morning the DOW and jhe NAZ are both opening up as a continuum of yesterday...

De, KPTI is a THREE bagger from 6 months earlier.

I wish I had bought somebut all my money is tied up at in those retirement accounts earning me at a minimum 8 percent and if markets I am in invested do better, then I get the higher increase. I never suffer losses.

Now, 8 percent is nothing compared to 300 percent..... I would prefer the 300 percent but I hate giving away gains in form of taxes to the government when you pull the trigger and you did not hold something for more than a year..

Anyway, that was still an excellent call and believe it or not, you are not being ignored....

Hopefully next year I can free up some capital and make some individual stock purchases again....

Mrs. micro likes to feel secure and safe financially in case I am not around to take care of her anymore in this life..


The smells coming from the far end of house where the kitchen is located are getting almost too much for me to bear. I smell pies baking and sweet potatoes being baked and also sweet potato pudding being made as well.

The Queen here knows how to cook. Her family often has tried to talk us into opening a small restaurant open only for dinner time and they would help while she was the head cook and cheese.

I deep sixed the idea because I prefer to have a wife who is not pressured, and does not have to be stressed worrying about others. She knows she can throw me a graham cracker and I would be just fine. Sometimes other things can get thrown like a shoe or some other object, but I am learning still ..... lol!!!!

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