Biotech / AI / robotics?

[Davaoeno 36,267]

11 minutes ago, rfm010 said:

past performance is no guarantee of future results

Nothing is ever a guarantee of future results !  Lol

Edited February 6, 2018 by Davaoeno

[rfm010 3,058]

33 minutes ago, Davaoeno said:

Nothing is ever a guarantee of future results !  Lol

ever fall off a steep cliff?

[Oz Jon 2,463]

Markets worldwide have recovered quite a bit today.

Another "storm-in-a teacup" aided by a sensation-seeking press.

All that nonsense about "a record a dip in the Dow" etc .... of course a modest dip was a record dip! ..the Dow  etc have been up near record highs! ... apparently they hadn't figured out that x% of a big number is more than x% of a smaller number

My cannabis "play-money" stocks have shot up! - I guess that higher risk/growth AI and biotech stocks will have too?

Edited February 7, 2018 by Oz Jon

[rep1 2,138]

On 2/7/2018 at 10:09 AM, Oz Jon said:

Markets worldwide have recovered quite a bit today.

Another "storm-in-a teacup" aided by a sensation-seeking press.

All that nonsense about "a record a dip in the Dow" etc .... of course a modest dip was a record dip! ..the Dow  etc have been up near record highs! ... apparently they hadn't figured out that x% of a big number is more than x% of a smaller number

My cannabis "play-money" stocks have shot up! - I guess that higher risk/growth AI and biotech stocks will have too?

drop again...

Anyone know about neurotech indexes or funds? Was reading about brain-computer interface - that's a new field that will definitely change a lot of things, in addition to automation and AI. Individual company stocks would be too risky...

[rfm010 3,058]

13 hours ago, rep1 said:

drop again...

Anyone know about neurotech indexes or funds? Was reading about brain-computer interface - that's a new field that will definitely change a lot of things, in addition to automation and AI. Individual company stocks would be too risky...

At the moment everything is risky.  Neurotech seems a bit too long term, dont know of any stocks in it.  For what its worth my friends/relatives in the medical field get all excited about instrumentation.  Check out TTOO, they have a blood testing panel up for fda approval.  With the ongoing slaughter of biotech you will get a good price.  The way things are dropping you could throw darts and get a good price.

[rep1 2,138]

On 2/4/2018 at 1:57 PM, Oz Jon said:

I had no problem setting up a US$ IB brokerage account -(it works fine, but I don't like their website and will probably close it)

I had no problems setting-up a US$ US brokerage account with Schwab. They bought-out an Aus broker and set-up an Aus office. They handle all the paperwork in Aus, but you can trade on-line directly with the US site. Works well and the Aus customer service is excellent.

I've had an ETrade (trust) brokerage account for about 20 years (for my superannuation fund). It's still active. Pre Xmas, when I tried to open a new individual/joint account they declined (said it was a business policy decision). But post-Xmas, they invited me to open another account!

It's done! No problem with foreigner and foreign address at all; wiring only took a few hours (took days to reach Philippines!), and trade is instant! Thank you all! 

[rfm010 3,058]

On 2/12/2018 at 11:55 AM, rep1 said:

It's done! No problem with foreigner and foreign address at all; wiring only took a few hours (took days to reach Philippines!), and trade is instant! Thank you all! 

What does the parentheticl mean?  Are you not in the philippines?

[rep1 2,138]

1 hour ago, rfm010 said:

What does the parentheticl mean?  Are you not in the philippines?

Nope back in the cold and rainy home country. I wouldn't be able to wire if I'm in Ph, no money there.

[rep1 2,138]

On 2/4/2018 at 11:21 PM, rfm010 said:

or just put all your money into seattle genetics, SGEN, and enjoy a smooth ride to riches.  A good company on its own, they just bought a company i was holding for a very good price.  The bought company, CASC, has a couple of gangbuster drugs in development and SGEN will do well by owning them.  I expect to be taking a position this week, depending on how the market settles.

both of ADVM and CASC jumped double to triple early last month but no sign of change since. I only got ETF. Individual companies still look risky.

What about medical devices? ABMD, ALGN, ICUI, ISRG etc are doing very well and have been so for years (monopoly position?). It appears that industry is more stable in the long-term, with actual revenue and profit to back the stock?

[Cgu 459]

15 hours ago, rep1 said:

both of ADVM and CASC jumped double to triple early last month but no sign of change since. I only got ETF. Individual companies still look risky.

What about medical devices? ABMD, ALGN, ICUI, ISRG etc are doing very well and have been so for years (monopoly position?). It appears that industry is more stable in the long-term, with actual revenue and profit to back the stock?

You have to stop looking backwards on stock that performed "exceptionally" - anybody  can go back and list some stocks. Specially, if has nothing to do with any performance of the company itself (and only if you have insîder information - i.e. in the case of CASC - it was a simple merger agreement - nothing to do with AI etc.)

However, listing companies you buy (or have just bought and price) here in a post and then come back after a month or so and tell us it tripled would impress me...Lets see...

[Davaoeno 36,267]

7 minutes ago, Cgu said:

Specially, if has nothing to do with any performance of the company itself

Well that is a crock !!    if the company is doing well  and making lots of profits then in a stable market the  stock price will rise.  And vice versa. . 

[rfm010 3,058]

On 3/11/2018 at 4:56 AM, rep1 said:

both of ADVM and CASC jumped double to triple early last month but no sign of change since. I only got ETF. Individual companies still look risky.

What about medical devices? ABMD, ALGN, ICUI, ISRG etc are doing very well and have been so for years (monopoly position?). It appears that industry is more stable in the long-term, with actual revenue and profit to back the stock?

I believe i mentioned TTOO around feb 9.  Up 50% since then but there is still good upside potential as the fda is dragging its feet in approving ttoo's blood culture panel.  Ride through any dips and you should do well enough.  There is also some potential upside remaining with ACRX, up about 33% since i mentioned it feb 4, pretty much all in the last week.  Of course i had also recommended it at an earlier time and if you check the chart you can see what happened when their product was't approved. They are trying again for approval and i expect some  nice runup prior to decision date.  Btw, if you dont yet appreciate the risk with biotech, check out a couple of my more recent winners:  DERM and VBLT.  

[Oz Jon 2,463]

23 hours ago, rep1 said:

both of ADVM and CASC jumped double to triple early last month but no sign of change since. I only got ETF. Individual companies still look risky.

What about medical devices? ABMD, ALGN, ICUI, ISRG etc are doing very well and have been so for years (monopoly position?). It appears that industry is more stable in the long-term, with actual revenue and profit to back the stock?

I'm not familiar with ICUi, but the other 3 are all well known, low-risk, established companies with very hi growth rates ( all included in QQQ/NASDAQ100 ETF, along with a bunch of low-risk, hi growth tech stocks).

If your interest is in buying individual hi growth, low-risk stocks ( a little higher risk than QQQ, but higher capital gain), have a look at some of these "best-bet' candidates :- ANET, TCEHY, ALGN, NVDA, CGNX, MELI, PAYC, APPN ..... Enjoy and grow rich! - Lol!

Cheers

 

 

[rep1 2,138]

7 hours ago, rfm010 said:

Of course i had also recommended it at an earlier time and if you check the chart you can see what happened when their product was't approved. They are trying again for approval and i expect some  nice runup prior to decision date.  Btw, if you dont yet appreciate the risk with biotech, check out a couple of my more recent winners:  DERM and VBLT.  

Don't both of DERM and VBLT drop very sharply last?? I don't have enough source of knowledge to pick those which would pass trials and predict their actual profit, until then I'm afraid to move from the Clinical Trials ETF (BBC).

But the results from VCEL worries me - they have approved products, two, no profit. They were mentioned in the Top 10 Stem Cell Companies On The NASDAQ - of which I just bought Sangamo (ZFN gene editing) as it's raising now (already 500% last year, not much more I guess), and Pluristem since their price couldn't be lower with target clinical trial set at Q2 2018.

 

5 hours ago, Oz Jon said:

If your interest is in buying individual hi growth, low-risk stocks ( a little higher risk than QQQ, but higher capital gain), have a look at some of these "best-bet' candidates :- ANET, TCEHY, ALGN, NVDA, CGNX, MELI, PAYC, APPN ..... Enjoy and grow rich! - Lol!

bought them thanks, also AMZN, NFLX and LMT! They're the large part. Now I need a miracle that matches crypto last year...

Edited March 12, 2018 by rep1