Investing in Bio Stocks

Investing in Bio stocks can be tricky at best. Never is it more important to do your due diligence than when looking into investing in a Bio stock. These stocks move very rapidly when they move and have extreme increases and decreases depending on the results of drug trial phases.


This is my opinion.... Bio stocks are risky and it takes a lot of guts to play them. 


If you dont have the stomach for them and dont yet have the ability to trade emotion free and be patient, then my suggestion is to stay away from Bio stocks. 


My approach to Bios is pretty simple as far as my entry is concerned. I of course look at the chart and get an idea of where the bottom is then I set my bid price. 
Ultimately I like to start playing the stocks in Phase 2 or later and 3 to 4 weeks ahead of completion of that trial. Having my postion maintained well ahead of the news of the results in the phase allows me to get out quicker once the stock begins to move. 


As far as a target gain percentage goes it just depends on how the stock moves. 
I watch the RSI continuously to determine the buying or selling pressure on the stock. Once I get a feel on the technicals of the stock then I determine my selling price based on that.


This is where it is so important to not trade on emotions as we can easily get caught up in wanting more once the stock gains momentum. Dont get GREEDY. That is a very important rule to insure not getting caught losing gains once the stock runs out of steam. These stocks move just as quickly on the way down as they do when they are screaming upward. 


 So in conclusion....... Do your DUE DILIGENCE and never take your eye off of the ball EVER

Educate yourself and become a better investor

I wanted to revisit some of the basic things I've written on in past postings and remind you of some of the important things we should never forget when investing. First and foremost and I cant say it enough, be really comfortable with losing all of your investment, as investing is a risk. I believe if we set our stop loss limits and stick to preset gain percentages in our minds though, the likely hood of losing everything on one play gets taken out right off the bat. Remember, I'd rather you give me a 30% gain on my investment 3 days a week rather than waiting for that all elusive triple digit gainer.

 The second point I want to make is unlike other promoters and Investment relations and marketing companies I do not think you are stupid. I think that lacking education is not stupidity it is just having less info which by the way is the purpose of my blog. What I want to achieve here is 2 things: First I want to educate you and Second I want to be able to help you see through all of the crap that's put out there in the investment world for what it really is just plain crapola.

If I put a ticker on my blog it is only and i mean ONLY because I have thoroughly done the due diligence on the company and have presented it to you in a way not to convince you to buy the stock, but to show you the investment opportunity available if you like what you see. I will also put in the possible set backs I see in the company as it is very easy to shine up a turd and leave out pertinent information in an effort to make the company look good. Only fully reporting SEC compliant companies will make my list. NO DOGS ALLOWED.

My new site http://stockpycks-com.blogspot.com/ is designed to help help companies that cant afford big awareness campaigns get the word out in an affordable manner, and my other site http://www.stockpycks.com is designed for you the investor to get information about the companies, learn about practices and protocols and most importantly as YOUR DUE DILIGENCE tool.

Now, many people have asked me why I will not charge for member access to that site and the answer is pretty simple. I am the same as you with just a little more information. I want you to have as much information as you can get without having to pay for it. Soon I will have free level 2 on it as well as a tweet tracker of all of the most tweeted stocks. And.... I wont fill it up with tons of ads. Sure I may need a few to cover maintenance stuff but I want it to be something that would attract me: an information rich site that I can use to research companies and connect with other like minded people interested learning and continuing to learn more about the world of investing.

Thats it for now, Ill have more tomorrow as I know Ive neglected this poor blog but have a renewed dedication to it and more importantly YOU