Pick of the Year 2009

[Karel]

Long INT

Thank you Ody for running this show!

Three stocks to pick from on my screen and virtually no way to decide: INT, QCOR and SUR. I'll go with INT for the year. Chance of 1 in 3

Regards,

Karel

[dmk112]

Well, just for the record, I'll reiterate my pick for the year, LJPC (although it's more than tripled already this month...)

Jiesen, how are you?

Just wondering what attracted you to LJPC? Was it the technicals or something about the company?

[jiesen]

Doing very well, DMK, thanks! What got me into LJPC was the fact that I worked there for 4 years on Riquent's development (in the Analytical Chemistry dept). Spent 10% of my paycheck on stock while I was there, just because I got the employee discount, but I also want to see their drug succeed, and think it has a great chance of doing so (great meaning better than 1 in 3).

Even at $2 and change now, I'm still so far underwater it's painful to think about, but I know if they pull through with a positive outcome in the trial this year the stock will trade at $10-20 easily, and I'll make it all back and then some. Also, I'll be the POTY champ as a bonus! My cost basis is somewhere in the $5-10 range, but I remember buying a bunch of shares in the $3 (pre-split) range, meaning $15 now. It really hurt to see it trading for under a buck last year.

[Odysseus]

Picks are in and the year begins ! Already Peanuts, dmk112, Skkinvest, and New-born Baby are off to double-digit starts. It's a long way to the finish line that I know Jiesen is already eyeing with LJPC And I nearly already lost when BAC dropped 30+% this week, only to luck out on an upgrade.

Can already tell this is going to a fun year to watch. Good luck everyone !



As with the POTW contest, going to see if I can get together some graphs to track us week to week. Let me know if you have any other suggestions we can implement.

Also, all of the weeks for both the POTW and POTY are archived here so if you would like to go back and look at a certain week you can. It's actually just a tab from the POTW and POTY scoreboard.

[dmk112]

Doing very well, DMK, thanks! What got me into LJPC was the fact that I worked there for 4 years on Riquent's development (in the Analytical Chemistry dept). Spent 10% of my paycheck on stock while I was there, just because I got the employee discount, but I also want to see their drug succeed, and think it has a great chance of doing so (great meaning better than 1 in 3).

Even at $2 and change now, I'm still so far underwater it's painful to think about, but I know if they pull through with a positive outcome in the trial this year the stock will trade at $10-20 easily, and I'll make it all back and then some. Also, I'll be the POTY champ as a bonus! My cost basis is somewhere in the $5-10 range, but I remember buying a bunch of shares in the $3 (pre-split) range, meaning $15 now. It really hurt to see it trading for under a buck last year.

Whenever you work at a company you become close to it and you want it to do well, I know the feeling. These small biotechs are so volatile and dependent on one or two drugs. You can make some good money off the ones that breakthough.

[ninner]

see...all the big boys are near the top...Ninner, newborn, peanuts....all the wannabes are in the red !!! LOL

[dmk112]

LJPC down 90% today? If that's real that is crazy!

[jiesen]

LJPC down 90% today? If that's real that is crazy!

yep, it's real. and it really sucks. the trial was a bust, and the drug didn't work.

[New-born baby]

yep, it's real. and it really sucks. the trial was a bust, and the drug didn't work.

Time to buy?

[peanuts]

yep, it's real. and it really sucks. the trial was a bust, and the drug didn't work.

OUCH!!!! sorry Jiesen

see...all the big boys are near the top...Ninner, newborn, peanuts....all the wannabes are in the red !!! LOL

Thanks for the jinx... I'll never win now

[jiesen]

Time to buy?

I don't see why. Without Riquent, LJPC has no future, and will be out of money within a year.

[New-born baby]

I don't see why. Without Riquent, LJPC has no future, and will be out of money within a year.

Gag! Did you have real money in this thing? I know you used to. You've ridden this one for a couple of years. I hope it didn't sting too much.

[jiesen]

Gag! Did you have real money in this thing? I know you used to. You've ridden this one for a couple of years. I hope it didn't sting too much.

Oh yeah, this one stung. A lot.

[New-born baby]

Oh yeah, this one stung. A lot.

So sorry about that, Jiesen.

[Odysseus]

Sorry Jiesen, I know that was a tough loss. I read a little on the company after I heard the trial did not go well, didn't realize they were trying to cure Lupus, that would have been amazing !

Any idea how the company is going to fair now? From the article I read it looked like they may be closing up by May...

Well, good news is Lyehopper is in the lead ! Well, if you are Lyehopper that is Dmk112 is following very closely, and Skkinvest is just behind. It was a rough week overall for everyone, as near the beginning of the week we had people in 20+%'s, now no one is.

Many weeks to go.... hopefully we don't see stocks going much lower, because none of us shorted