Aug. 11 at 11:22 PM
$BNGO When investing in biotechnology always remember.
1.Majority of biotechs will fail.
2. Correct biotech investments are for profit gamble.
3. Invest when ideas are novel, and never after a huge peak.
4. Biotechs should be small parts of your portfolio.
5. Any $ not lost is as good as any $ won
6. Streaming fraud doesn’t help... selling does!
Instead, let's use this board as an advice board for biotechs that actually might explode. Like BNGO once did .... (thanks to this forum I made a 400% profit on BNGO 5 years ago). So lets brainstorm for new investment ideas!
My current suggestion:
$LENZ Recent fda approval. Already up 30%. Short squeeze is very possible. Been flying under the radar. Could have a huge upswing.
Also considering, but not yet in my portfolio :
$TNXP FDA decision expected this week. Could go up 50-200% upon approval. Likely -50% drop if not apporoved
Pure gambles -as stated above..but with good odds in your favor. For safe investment -stay away from biotech!
