Oz Jon 2,477 Posted March 22, 2020 Share Posted March 22, 2020 I'm confident that the US stock market will recover (as it always has) and resume growth at its average ~10% pa rate for the S&P500 and ~15% pa for the NASDAQ100. The key question is...when! My guess is in about 18-24 months, if we rely on getting a vaccine available within 18 months. Recent reports (unverified) say that an existing AIDS medication kills the CORVID virus. If that's true it could speed up recovery time because usual new drug safety testing time could be eliminated. Maybe market recovery could be in as little as 12 months? I hope so! Meantime - don't panic - don't sell - buy good stock at bargain prices. Cheers 2 Link to post Share on other sites
jaybee747 143 Posted February 16 Share Posted February 16 On 3/22/2020 at 3:05 AM, Oz Jon said: I'm confident that the US stock market will recover (as it always has) and resume growth at its average ~10% pa rate for the S&P500 and ~15% pa for the NASDAQ100. The key question is...when! My guess is in about 18-24 months, if we rely on getting a vaccine available within 18 months. Recent reports (unverified) say that an existing AIDS medication kills the CORVID virus. If that's true it could speed up recovery time because usual new drug safety testing time could be eliminated. Maybe market recovery could be in as little as 12 months? I hope so! Meantime - don't panic - don't sell - buy good stock at bargain prices. Cheers It is almost a year since this post and the stock market recovered earlier than predicted... 2020 was a great year to be invested in the biotech industry. CRISPR gene editing technology is the future of biotech. Crispr Therapeutics (CRSP) Editas Medicine (EDIT) Intellia Therapeutics (NTLA) Beam Therapeutics (BEAM) The above CRISPR tech companies gained 110% to 300% last year. This year and the future also look very promising. 1 Link to post Share on other sites
BossHog 38,756 Posted February 16 Share Posted February 16 (edited) Got a tip on this clinical-stage pharma company and bought some shares @ $0.66 right before Christmas: Tonix Pharmaceuticals Holding Corp. (TNXP) They've since announced they have some Covid stuff in the pipeline (which pharma outfit doesn't?) including a skin test. Other drugs are in the works to treat fibromyalgia, ptsd, agitation in Alzheimer's, and cocaine overdose. They also do something with smallpox and monkeypox(!) which I don't understand. They last week announced some licensing deal with France for a drug treating a rare genetic eating disorder called Prader-Willi Syndrome. https://www.tonixpharma.com/pipeline/overview Tonix is building a big 44-acre factory property in Montana and is getting lots of new institutional investors. Not much PR yet but that seems about to change. Closed at $1.82 before the long Washington's Birthday weekend and some more upside looks quite possible so going to hold this one for a while and maybe even add some while it's still under two bucks a share. Edited February 16 by BossHog 1 3 Link to post Share on other sites
jaybee747 143 Posted February 16 Share Posted February 16 6 hours ago, jaybee747 said: It is almost a year since this post and the stock market recovered earlier than predicted... 2020 was a great year to be invested in the biotech industry. CRISPR gene editing technology is the future of biotech. Crispr Therapeutics (CRSP) Editas Medicine (EDIT) Intellia Therapeutics (NTLA) Beam Therapeutics (BEAM) The above CRISPR tech companies gained 110% to 300% last year. This year and the future also look very promising. 2020 was also great for EV companies, I dropped 20k on Tesla stock at the beginning of the year, this grew to 80k, took gains from my CRISPR tech stocks and added to this position. Prediction is that Tesla could grow 10 to 20 fold in the next 5 to 10 years. It will be nice to get $1 million or even $2 millions in few years.... Link to post Share on other sites
rfm010 3,578 Posted February 16 Share Posted February 16 17 hours ago, BossHog said: Got a tip on this clinical-stage pharma company and bought some shares @ $0.66 right before Christmas: Tonix Pharmaceuticals Holding Corp. (TNXP) ... at 1.90 pre-market so almost a triple. might i suggest you let people know just a little bit earlier about such tips? am rooting for the fibromyalgia trial. they've been working at it for a long time, had some costly failures with it. a good treatment would be very helpful for many people. and profitable. they need to pass the on-going second phase 3 trial though. the ptsd indications have been flops. i see no hope there. alzheimer's is being better handled by other companies although tonix may have benefited in sympathy with the recent run by SAVA with their results. but alzheimers is a bit of a biotech black hole, don't expect anything from it. actually i'm not seeing anything in their central nervous system indications that excite me other than fibromyalgia. other indications are being covered pretty well by other companies that are further along. the fibromyalgia indication excites me in part because they have acquired a certain reputation based on the earlier costly flops (adjusted for reverse splits, the share price was in 2012 at $40,000). if this and the below indications hit it will be a serious WTF moment for many people with long memories. and that's always fun. the vaccine stuff is all pre-clinical. the covid stuff will of course get the most immediate attention from the company. vaccines, antibiotics, and such are typically another biotech black hole--even when medically successful they are hard to commercialize. maybe the covid one (three?) will work out, but there is lots of competition, and the existing approved vax's will have plenty of time to adjust their existing product for new strains by the time tonix trials are done. so my reason for writing this all up is i'm using it for my own initial due diligence. the covid skin test has grabbed my attention. if it works it could be a biggy, not just for covid but for the likely extensions to other applications. need to look into it, but one good reason it has caught my eye is the success a company called Dermatek (DMTK) has been having with their new skin patch test for skin cancer. more accurate than slice your face up biopsies. i've never held this stock. have read stories from some who did. you are in at a much better price than most people ever were (by over 99%), and it's hard to argue against a triple. i think i'll take a small position for the patch, add on either decent dips or if it keeps running as a play on the data for the second fibromyalgia trial (hard to do, i only see 'second half 2021' as the due date). so anyway, unless you need the the cash, why not hold? figure if it falls back a certain amount sell it then. even a double is pretty good beer money. 1 2 Link to post Share on other sites
rfm010 3,578 Posted February 16 Share Posted February 16 agree the general future of biotech looks good. but it has also had a good run and some items are looking a bit pricey at the moment. many think that the gene editing stocks are a good example. others (who? me?) may just be sour graping after taking profits much too early. for those who might wish to try the sector out, a good place may be the ARKG fund run by the cathie woods gang. it is an ETF comprised of gene editing/therapy type stocks. the nice thing about it in my eyes is that they are very active in trading in and out, so they hopefully won't hold on to something they think has become overvalued given their time frame. some people think that their buying and selling has caused a bubble in the sector as many individuals follow their trades. perhaps. but while the good times roll this is a good fund for those not knowledgeable in the field to enjoy the ride. do keep in mind when the general market turns south, biotech can turn south by orders of hemisphere. don't invest more than what you are willing to let your significant other know you have lost. ARK also has other ETFs in other sectors. i am also in ARKK. google it all, lots on youtube also. 2 1 Link to post Share on other sites
jaybee747 143 Posted February 16 Share Posted February 16 3 hours ago, rfm010 said: at 1.90 pre-market so almost a triple. might i suggest you let people know just a little bit earlier about such tips? Tips? Many tips floating around... I just got one tip today, AGTC. But you don't need me for tips, just subscribe to Youtube channel, set an alert and maybe you get lucky... I got lucky today, AGTC up 40% so far today, I am only using "play" money for this, I keep my serious money in Tesla, Crispr, Editas, Intellia. The YT channel is "Doctor Dean Investments" 1 Link to post Share on other sites
jaybee747 143 Posted February 18 Share Posted February 18 On 2/16/2021 at 1:03 PM, jaybee747 said: Tips? Many tips floating around... I just got one tip today, AGTC. But you don't need me for tips, just subscribe to Youtube channel, set an alert and maybe you get lucky... I got lucky today, AGTC up 40% so far today, I am only using "play" money for this, I keep my serious money in Tesla, Crispr, Editas, Intellia. The YT channel is "Doctor Dean Investments" Another "tip" from the same source today, MOTS, up 49% in down market, using only "play" money while the casinos are closed... Link to post Share on other sites
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