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Post by lyric14882 on Jun 28, 2014 20:25:56 GMT -5
I have mostly lurked on this board for awhile now.
I want to say a big Thank You! to the creators of this board and the admin's who have taken time away from their day to create and maintain this board.
Mannkind was my first biotech stock and I will say it was not for the faint of heart. I do not think I would have been able to hang on to this point without all of your contributions. I look forward to meeting you at the next shareholder meeting!
Thank you so much to everyone who gave intelligent insight and conversation.
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Post by babaoriley on Jun 29, 2014 0:11:08 GMT -5
Your first biotech. Hmmmm. I remember in college taking a guy out for his first day at the ponies, at Santa Anita. He hit a 45 to 1 shot on a place bet and won about $50. Maybe a dozen years later I saw him again at Santa Anita. It turns out he had become hooked by his initial success and now was a regular. That did not work out well for him. Careful, lyric, ones like MNKD are the exception! Good luck!
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Post by BD on Jun 29, 2014 4:02:37 GMT -5
IMHO, if you have the time, energy and financial reserves to learn the ropes and the intestinal fortitude to take your licks and still be able to get up, brush yourself off and head back into battle, then it's possible to raise the odds a lot more in your favor through trading and investing than through picking horses or patronizing casinos. The more you work at it, the more your advantage over the ones who don't pays off... this is where the fact investing is a zero-sum game (modulo commissions and slippage...) can work out in the small retail investor's favor!
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