Jul. 8 at 1:51 PM
$GNPX About 10 years ago, an astute investor I know, who also happens to be a long-time pharma sales rep, told me not to invest in trial stage biotech. Unfortunately, at that time I had already started and made some really good short-term returns on a couple of trial-stage bio, so i ignored him. After nearly 7 years and six figures lost in the sector, I finally woke up and understood why he gave me that warning. Sometimes our greed and hopes of making a quick killing blind us to realities.
For the past 3 years, I have not come anywhere near trial stage bio, and never will. There is NO WAY on earth to make long-term profits in this sector. Do your due diligence and save yourselves headaches. I will never go long or short in this sector. I advise the same to all. GLTA
