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Investing in biotech stocks - My experience so far

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Comments

  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    I hadn't even looked at the fundamentals before writing what I wrote, do it's good to know that I'm not the only one who thinks CRSPR is overvalued.
    On another note, someone posted the following video, where Cramer gives away a few secrets about how his (and other) hedge funds manipulate stocks for their benefit:
    I've long suspected that biotech stocks make a good target for manipulation, but here is actual confirmation that it does go on!


  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    GS warns of bubble in certain stocks. Top of the list is CRISPR.

  • moneyfoolish
    moneyfoolish Posts: 681 Forumite
    Part of the Furniture 500 Posts Name Dropper
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    edited 25 January 2021 at 8:18PM
    moneyfoolish said:
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
    Indeed. Manipulation (see video a few posts back if you did not already) I suspect. This is why I never set stop losses. If you do, you risk the institutions taking your shares at bargain prices, and then not being able to get back in at the same price. The usual pattern on a day like this is for the price to recover somewhat by the end of the day anyway, but even if it closes down 9-10% I'm not worried since I intend to hold long term, and it's still up more than 200% overall for me. I do wish I had some cash spare though, as I'd happily buy a few hundred more at these prices.
    The nice thing about today is that EVFM and ARWR are more than making up for AMRS. It's ARWR that calls the shots though (at least till something else really takes off in a major way) - eg. today it's currently up about 2%, and that alone is a £1.6K gain.
  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    It could also still be consolidating/people taking profits. Look on this 5 year chart:
    With that big a spike, it will either come down a lot in the next few weeks, or head up (with good news), otherwise it doesn't look right on that chart.
    My guess is that it won't fall much more, and shares will get snapped up at these prices, but I could be wrong!

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 January 2021 at 11:32PM
    BrockStoker said:
    moneyfoolish said:
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
    Indeed. Manipulation (see video a few posts back if you did not already) I suspect. This is why I never set stop losses. If you do, you risk the institutions taking your shares at bargain prices, and then not being able to get back in at the same price. The usual pattern on a day like this is for the price to recover somewhat by the end of the day anyway, but even if it closes down 9-10% I'm not worried since I intend to hold long term, and it's still up more than 200% overall for me. I do wish I had some cash spare though, as I'd happily buy a few hundred more at these prices.
    The nice thing about today is that EVFM and ARWR are more than making up for AMRS. It's ARWR that calls the shots though (at least till something else really takes off in a major way) - eg. today it's currently up about 2%, and that alone is a £1.6K gain.
    Shortseller ??
    Law frim: Kahn Swick & Foti, LLC
    Anothe Law firm Hubert Jonckheer & Kolbe LLP
    In the past the Shortsellers have been A lawsuit to scare investors so when the price fall they will bite it.





  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    edited 26 January 2021 at 12:00AM
    adindas said:
    BrockStoker said:
    moneyfoolish said:
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
    Indeed. Manipulation (see video a few posts back if you did not already) I suspect. This is why I never set stop losses. If you do, you risk the institutions taking your shares at bargain prices, and then not being able to get back in at the same price. The usual pattern on a day like this is for the price to recover somewhat by the end of the day anyway, but even if it closes down 9-10% I'm not worried since I intend to hold long term, and it's still up more than 200% overall for me. I do wish I had some cash spare though, as I'd happily buy a few hundred more at these prices.
    The nice thing about today is that EVFM and ARWR are more than making up for AMRS. It's ARWR that calls the shots though (at least till something else really takes off in a major way) - eg. today it's currently up about 2%, and that alone is a £1.6K gain.
    Shortseller ??
    Law frim: Kahn Swick & Foti, LLC
    Anothe Law firm Hubert Jonckheer & Kolbe LLP
    In the past the Shortsellers have been A lawsuit to scare investors so when the price fall they will bite it.
    Yes, that probably didn't help. Shook out some very weak hands no doubt. It's all bs of course.
    It could also be that some investors did not like the news of Amyris's new acquisition. It seems like good deal to me, but I could be wrong.
    Edit to add (irony): Jefferies raised their target on AMRS to $14 today (from $4.25)

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 January 2021 at 11:40AM
    BrockStoker said:
    adindas said:
    BrockStoker said:
    moneyfoolish said:
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
    Indeed. Manipulation (see video a few posts back if you did not already) I suspect. This is why I never set stop losses. If you do, you risk the institutions taking your shares at bargain prices, and then not being able to get back in at the same price. The usual pattern on a day like this is for the price to recover somewhat by the end of the day anyway, but even if it closes down 9-10% I'm not worried since I intend to hold long term, and it's still up more than 200% overall for me. I do wish I had some cash spare though, as I'd happily buy a few hundred more at these prices.
    The nice thing about today is that EVFM and ARWR are more than making up for AMRS. It's ARWR that calls the shots though (at least till something else really takes off in a major way) - eg. today it's currently up about 2%, and that alone is a £1.6K gain.
    Shortseller ??
    Law frim: Kahn Swick & Foti, LLC
    Anothe Law firm Hubert Jonckheer & Kolbe LLP
    In the past the Shortsellers have been A lawsuit to scare investors so when the price fall they will bite it.
    Yes, that probably didn't help. Shook out some very weak hands no doubt. It's all bs of course.
    It could also be that some investors did not like the news of Amyris's new acquisition. It seems like good deal to me, but I could be wrong.
    Edit to add (irony): Jefferies raised their target on AMRS to $14 today (from $4.25)

    These law firms get paid by a bunch of short seller / whale investors colluding each other, who want to see the share price to fall,  so they could close their short position.

    Unfortunately, those who often become the victims are retailer investors who do not aware of this type of the game.

    One strategy that has been suggested by hedge funds are to have a look on their websites to see which companies they are currently suing when the share price fall you buy. But I  am not suggesting this strategy so those who want to try do it with your own risk.

    I remember the case with Blink Charging (BLK) just see how they perform now.they have been 4x+ since then.

  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    adindas said:
    BrockStoker said:
    adindas said:
    BrockStoker said:
    moneyfoolish said:
    BrockStoker said:
    GS warns of bubble in certain stocks. Top of the list is CRISPR.


    I noticed that Amyris is down over 10% today!
    Indeed. Manipulation (see video a few posts back if you did not already) I suspect. This is why I never set stop losses. If you do, you risk the institutions taking your shares at bargain prices, and then not being able to get back in at the same price. The usual pattern on a day like this is for the price to recover somewhat by the end of the day anyway, but even if it closes down 9-10% I'm not worried since I intend to hold long term, and it's still up more than 200% overall for me. I do wish I had some cash spare though, as I'd happily buy a few hundred more at these prices.
    The nice thing about today is that EVFM and ARWR are more than making up for AMRS. It's ARWR that calls the shots though (at least till something else really takes off in a major way) - eg. today it's currently up about 2%, and that alone is a £1.6K gain.
    Shortseller ??
    Law frim: Kahn Swick & Foti, LLC
    Anothe Law firm Hubert Jonckheer & Kolbe LLP
    In the past the Shortsellers have been A lawsuit to scare investors so when the price fall they will bite it.
    Yes, that probably didn't help. Shook out some very weak hands no doubt. It's all bs of course.
    It could also be that some investors did not like the news of Amyris's new acquisition. It seems like good deal to me, but I could be wrong.
    Edit to add (irony): Jefferies raised their target on AMRS to $14 today (from $4.25)

    These law firms get paid by a bunch of short seller / whale investors colluding each other, who want to see the share price to fall,  so they could close their short position.

    Unfortunately, those who often become the victims are retailer investors who do not aware of this type of the game.

    One strategy that has been suggested by hedge funds are to have a look on their websites to see which companies they are currently suing when the share price fall you buy. But I  am not suggesting this strategy so those who want to try do it with your own risk.

    I remember the case with Blink Charging (BLK) just see how they perform now.they have been 4x+ since then.

    Interesting strategy, but like you I will avoid it and stick with my own.
    Nice to see Amyris bounce back today!

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 27 January 2021 at 12:04PM

    This is the Short sellers Game from CNBC. The recent example s GameStop Corp (GME)

    https://www.youtube.com/watch?v=aZHTm0N59Rc




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