This is why I don't invest in Pharmaceuticals - GoFuckYourself.com

azguy · 03-08-2005, 05:06 PM

:

Furious_Male · 03-08-2005, 05:13 PM

Elan was counting on one multiple sclerosis drug that didnt pan out. If I am not mistaken if you check the charts further back you will see the spike when the drug showed promise.

They are back down to where they belong.

mistress69 · 03-08-2005, 05:14 PM

ouch hope u didn't get taken down with that

azguy · 03-08-2005, 05:15 PM

Quote:

Originally Posted by mistress69

ouch hope u didn't get taken down with that

I'm doing just fine without drug companies

I never liked them

azguy · 03-08-2005, 05:17 PM

Quote:

Originally Posted by Furious_Male

Elan was counting on one multiple sclerosis drug that didnt pan out. If I am not mistaken if you check the charts further back you will see the spike when the drug showed promise.

They are back down to where they belong.

BIIB who was also affected by this seems like a good buy right now below $40, but I'm keeping my goal to not touch drug companies

tungsten · 03-08-2005, 05:30 PM

i agree, not stable enough for me to invest in them

sumphatpimp · 03-08-2005, 05:33 PM

Martha Stewart says drug companies are the best.

azguy · 03-08-2005, 05:34 PM

Quote:

Originally Posted by sumphatpimp

Martha Stewart says drug companies are the best.

Martha needs a reality check, not a reality tv show

tranza · 03-08-2005, 05:34 PM

Wow! I would kill myself right now if I had my money invested on those guys.

azguy · 03-08-2005, 05:34 PM

Quote:

Originally Posted by tranza

Wow! I would kill myself right now if I had my money invested on those guys.

Your gf would get to you first

hydro · 03-08-2005, 05:52 PM

its not such as bad industry

Furious_Male · 03-08-2005, 05:57 PM

I buy drug stocks all the time. Some big bank can be made if you play them right.

All these new cancer drugs hitting the market etc. make things exciting.

It all depends on your risk level.

azguy · 03-08-2005, 05:58 PM

Quote:

Originally Posted by hydro

its not such as bad industry

It's a risky one. I did well with ImClone and that's when I decided to leave drug companies out of my portfolio... The same results can be achieved easier and be safer at the same time.

azguy · 03-08-2005, 05:59 PM

Quote:

Originally Posted by Furious_Male

I buy drug stocks all the time. Some big bank can be made if you play them right.

All these new cancer drugs hitting the market etc. make things exciting.

It all depends on your risk level.

I mostly daytrade... Quick in and outs. Drug companies will take away from my sleep at night

BRISK · 03-08-2005, 06:00 PM

Where there is great risk, there is also great reward.

03-08-2005, 05:06 PM	#1
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	This is why I don't invest in Pharmaceuticals : Elan Corp PLC (ELN), last week.

03-08-2005, 05:13 PM	#2
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,883	Elan was counting on one multiple sclerosis drug that didnt pan out. If I am not mistaken if you check the charts further back you will see the spike when the drug showed promise. They are back down to where they belong. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

03-08-2005, 05:30 PM	#6
tungsten Too lazy to set a custom title Join Date: Mar 2004 Posts: 10,579	i agree, not stable enough for me to invest in them __________________ VOYEUR /HOMEMADE, HENTAI / CARTOON, Reality, Amateur, Shemale, Hardcore, Cuckold, Celebrity, Retro/Vintage, ect...ALL OUR SITES >> Unbelievable Ratio \| High % of Rebills \| Bi-Monthly Payments (also to E-Passporte) Ton's of EXCLUSIVE Free content & FHG's \|=> GREAT REVENUE $$$ GUARANTEED!

03-08-2005, 05:34 PM	#9
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Wow! I would kill myself right now if I had my money invested on those guys. __________________ I'm just a newbie.

03-08-2005, 05:57 PM	#12
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,883	I buy drug stocks all the time. Some big bank can be made if you play them right. All these new cancer drugs hitting the market etc. make things exciting. It all depends on your risk level. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

03-08-2005, 05:14 PM	#3
mistress69 Confirmed User Join Date: Feb 2005 Posts: 2,804	ouch hope u didn't get taken down with that

03-08-2005, 05:33 PM	#7
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	Martha Stewart says drug companies are the best.

03-08-2005, 05:52 PM	#11
hydro Confirmed User Join Date: Dec 2003 Location: Dirty 3rd Posts: 4,216	its not such as bad industry

03-08-2005, 06:00 PM	#15
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	Where there is great risk, there is also great reward. __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.