Biotechs can be brutal!

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  • Phoenix7
    Senior Member
    • Nov 2011
    • 3663

    Biotechs can be brutal!

    Folks when a drug trial produces poor results LooooooooooK Out Below! WOW pity the poor souls who had OPHT. Many will have to be treated for Post Traumatic Stress Syndrome ........Look Here Oh My Aching Back! http://finance.yahoo.com/quote/OPHT/?p=OPHT
  • Phoenix7
    Senior Member
    • Nov 2011
    • 3663

    #2
    I'm almost sure that some insiders had information on the poor drug trial, and probably had others SHORT the stock , like cousin Louie , and thereby giving them a small fortune!

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    • riverbabe
      Senior Member
      • May 2005
      • 3373

      #3
      Originally posted by Phoenix7 View Post
      I'm almost sure that some insiders had information on the poor drug trial, and probably had others SHORT the stock , like cousin Louie , and thereby giving them a small fortune!
      No kidding!!!!

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      • billyjoe
        Senior Member
        • Nov 2003
        • 9014

        #4
        Phoenix, Over the years some of my biggest losses have been in biotechs, usually catastrophic and overnight. Have had some gainers. Nothing that stands out compared to those that tanked.

        --------------billy

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        • Phoenix7
          Senior Member
          • Nov 2011
          • 3663

          #5
          Billie and River perhaps this will serve as a warning for anyone betting the ranch on a biotech .......hoping to make millions LOL!

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          • Websman
            Senior Member
            • Apr 2004
            • 5545

            #6
            Yep, I've had my ass handed to me on a few bio's.....

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