Finding tomorrow's big winners in the lucrative biotech sector
The biotech sector can look complex. Different stages, scientific data and government regulatory bodies, competition and ever changing technologies, and risks like the political climate or the overall market that can set the sector in the wrong direction.
But you know why we invest in biotechs - because these companies produce revolutionary treatments for patients who need them. And the companies who successfully produce and sell these treatments lead to big winners for investors.
It's not that complex to figure out the winners. It takes experience, diligence, a cool head, and knowing where and how to look. Which is what The Biotech Forum is here to do for you.
The biotech sector can offer big returns - in the first half of the 2010s, it easily outpaced the market. It can offer risks - in the second half of the 2010s, the sector has pulled back.
But there are still plenty of opportunities out there. As we have an increase in the amount of healthcare spending allocated to drugs, exciting new areas of drug development, and robust M&A activity levels, there should still be growth for biotech stocks, if you pick the right ones The Biotech Forum offers compelling research for stock market investing in this lucrative sector.
What makes this different is our experience. This is one of the longest-running services on the Seeking Alpha Marketplace, and has always been a top-10 service by subscribers and revenue.
When it comes to investing in biotech, I believe it is important to be diversified across this volatile and speculative area of the market maintaining a diversified portfolio.
Part of my investing strategy includes:
“Strike-outs” is inevitable as drug discovery is a complex endeavor and most trials end in failure, however, just a couple of “grand slams” should lead to an outstanding overall performance in your portfolio over time.
It is this well-thought-out investing strategy that even with an acceptable amount of volatility has led to exceptional overall performance. I have personally benefited from this strong performance in the biotech sector. My analysis of these biotech stocks over the past few years has resulted in substantial growth and created profits in my own portfolio.
I'm Bret Jensen. I've been writing on Seeking Alpha since 2010, and have been one of the most read authors on the site over that time - on my main account I have over 42,000 followers, and I have over 450 subscribers on the Biotech Forum.
I have more than three decades of investing experience. My career has taken me from American Express as a Technical Director to co-founder and Chief Investment Strategist of Simplified Asset Management. I have also been a writer on Investors Alley and Real Money Pro and have appeared at the Money Show Conference and on the DIY Investing Summit.
I specialize in high beta sectors that can produce profits for the careful investor. Biotech has long been my calling card, both on Seeking Alpha and further at large. I've been lucky to have winners like Exelixis, Amicus Therapeutics, and Iovance Biotherapeutics, among others.
My strategy is focused on maximizing your chances of finding these winners while still being conservative. We take profits when we can and we maintain diversity so we don't get over-exposed to a specific company's risk.
Ready to begin investing in Biotech with an experienced team? Looking to invest smarter in a risky but lucrative sector? Sign up on the right and get started with a free trial to the Biotech Forum. We'll be happy to have you, and you won't regret giving us a try.
Happy Hunting,
Bret Jensen
I have been a regular reader of Bret's column for two years. I have enjoyed his strategy recommendations and find his underlying stock selection and analysis very compelling: in many cases lucrative too.
I feel he succintly summarises Biotech into easy to understand groups and has great feel for the sometimes opaque FDA, his summaries shave much time off a task that would otherwise be painstaking.
I thank him for his valued work and service to the investment community.
Bret provides a great service to the Forum. with Wallstreet insight and a balanced approach to investing. There is a rich set of members that provide multiple views to BT companies. We discuss risk, market reactions and growth prospects. The combined value of an experienced member base and Bret's knowledge provide the perfect balance for an investor.
This is an amazing forum. While it focuses on biotech, there is a broad depth of knowledge, and members are happy to talk about almost any topic. With dozens of posts daily it is extremely active. Would pay for it at twice the price.
Bret does a fantastic job with his detailed analysis on companies and their future prospects. I highly recommend his service for investing in BioTech stocks as his advice is extremely timely with the opportunity for very lucrative returns !
Outstanding Newsletter. Timely, and helpful navigating the Biotech world.
I subscribe to several advisory services, and this is by far the best.
I like the thoughtful reasoned approach and the fact that there is a nice spread of opportunities.
The service easily pays for itself.
Bret's analysis is comprehensive and insightful. He knows this industry sector very well and is regarded by long time members in the Forum as the best in the business. He introduced me to the "Buy/Write" strategy which has so far proven to be profitable at the same time mitigating risk.
I have subscribed to Bret's Biotech Forum, Insider's Forum, and the Busted IPO Forum for about two years now. I also subscribe to SA Pro, and several others, and there are others I have subscribed to in the past. I have to say that the Biotech Forum is the best service. He has contributions and support in some form every day. In the Forum, the Live Chat is very active. Not only supported by Bret's answers to questions, but is also attended to some very knowledgeable participants. There are plenty of ideas here. I will be a lifetime subscriber not only to his Biotech Forum, but to all three of his works. Oh, and you will find that he has support from his contacts in the investing community with his regular trips to New York. So, how have I done with his help? I am looking at one return over 700% in my short term with him. There are also 4 over 100%. There are also some that are down, but none I am worried about and do not intend on getting rid of. Thankyou Bret for the work you are doing.
If you focus on smaller Biotech companies with high potential like me, I can only recommend to take a closer look at Bret Jensen‘s Biotech Forum. It provides excellent ideas and teaches diversification, discipline, and, very important in this sector, patience to stay calm in rough waters to make sustainable profits.
Bret always provides honest and in depth knowledge and data for his company reviews. Thanks again for the great work.
Great biotech forum discussion, trade information from other members, links to acticles. If you are interested in the biotech sector, this is a great resource and well worth the membership fee. You'll get some great ideas, feedback and information.
The biotech forum is easily one of the best investment services I have ever seen. Bret is uniquely excellent at consistently delivering compelling information on the risks and opportunities of investment opportunities. I would highly recommend this strategy to anyone considering individual biotech investments.
If you are interested in the biotech sector, reading these frequent reports is essential. Good advice about what, why and how biotech stocks move, with "deep dives" that provide a thorough look at companies. Many undiscovered gems can be found here.
Bret knows the biotech space extremely well. Has a sound strategy of working from a base of larger, more established companies and adding to the mix earlier stage companies that have "home run" potential. Bret interacts with his clients, another useful aspect of the service. Highly recommend.
Excellent articles on why or why not to consider certain BT stocks. I use Bret’s articles as part of research. I have found the inight very helpful and have profited from The Biotech Forum... no better recommendation.
The Biotech Forum has filled the investment niche that I was looking for. I was following Bret’s emails on Seeking Alpha (free service) for about one year-taking notes and selectively buying stocks that Bret recommended. Bret’s recommendations proved very successful in my trading so began asking myself why I’m not a member-thinking if I had current data-my successes would improve even more.
Once I joined the Forum, I realized just how thorough and accurate Bret’s advice and recommendations are. However, this forum has an added bonus. There are several educated members that post truly legitimate information on other biotech stocks worth investigating. I’ve had paid subscriptions to other services-and this is by far the most legit as far as professionalism and making serious money.
I am a member for last three months. I find bret analysis and views is of immense value- he is very dispassionate and do not form views based on any hidden agenda. Honest, transparent and beside being very savvy.
The group participants discuss diversified group of small biotech with passion and what I like is the bondage amongst the team to mutually assist.
While not all recommendations come out positively as anticipated, but probability of success is high as the recommendations is cumulative effort of inputs from seasoned investors. A great boon to learn and benefit the art of investing in biotech as this forum understands the pulse of small biotech.
Bret's analysis is outstanding - Very concise and informative. Bret's results speak for themselves.
Bret Jensen’s ideas are extremely well researched and communicated in an easy-to-grasp manner.
He is always available to answer your questions helping us to have a deeper understanding of the biotech sector. I feel very well served here, a very good use for each cent paid for the subscription.
He is able to translate their knowledge into ideas with a high potential for capital appreciation in the biotechnology industry.
I have a good amount of trading experience, but I am not a professional. I have a lot to learn, which I look forward to. I've been successfull with my trading, but I've made many mistakes that could have been avoided. I am very busy, like most of us, and I feel that Brets leadership and commentary on the biotech forum brings me back to center, and helps me to focus on what exactly is going on in the present, as well as near term important events and catalyst.I respect and appreciate his vast amount of experience in this space, and look forward to continuing to learn and stay in the loop with the Biotech Forum!
Good advice, valuable appropriate suggestions, you will benefit from this forum. Bret is conservative and trustable, not to play binary event which is the key for the investor who wants the stable long term but still very profitable stocks.
Learning from the best. Better than the stock selection is the process of analyzing the company, cash flow, pipeline, how big of a catalyst it is, .....
If you wanna be a biotech investor, this is a must IMO
Very happy with my subscription. Bret is very well versed in the biotech sector and his analysis is unbiased, candid and timely. I would recommend this forum to anyone I know.
Bret Is very well informed in the Hearth Care area
His advice is logical.
The site is a good one to follow well worth the investment
Mike Wargo
I joined about 6 months ago and wish I had found it earlier. Would have prevented some bad investments I made. The ideas and dialog between forum members is excellent.
I have had a strong interest in bio-tech companies for several years. I became aware of Bret Jensen about a year ago. I actually signed up for a trail run, but initially dropped it, because I had no knowledge of who was contributing to his program on a daily basis. I eventually learned to separate out what Bret was saying from all the other contributors. Bret makes some outstanding calls which have been very profitable to me in the past few months. I cannot recommend his service more highly.
Brt provides the most actionable information going as far as I am concerned. Of course, the 5 star rating is because it is consistently good insight. I think every investor needs to have some position in the biotech space and of course you need to get good insight from somewhere. I have only been a subscriber for a couple months but here are some results working from Bret's insights and advice:
Omer Up 45% in capital gains and another 35% from various options plays with calls still out of the money and expiring this month.
Progenix - Up 44% same scenario, 29% from price action supplemented with 15% from out of the money calls.
ICPT - 16% up in just a week or two
Dvax - A double for me as I got in at $10
In addition to these great results and some more I haven't bothered to list, I have learned a lot about this space in a relatively short time. The message board is a good source of ideas and folks share openly. Needless to say, I have paid for my subscriptions many times over in 60-90 days.
The experience of Brets' forum is like being a weekend golfer and having Jordan Spieth coaching you.
You can't pick a better place to get expert advice. Biotech at least at Tier 3+4 level can seem like playing roulette. Hoping and praying that the ball landing on your number. Mr Jensen takes a top down approach thru his rules to make you get house odds in getting a winner. Since, these companies only have what money they current have in the bank; in which, goes down every successive quarter and the promise that the resulting research and trials will result in a FDA approved drug that will drive stock price.
Look no further for best information on how to make right investments. I have through his informative tips.
You bring up broken IPO with low valuations and sometimes quality drug assets which gives big opportunities to get in low and ride the revaluation of the stock, if it happens.
I subscribed to Motley Fool and they consistently recommend stocks that are like 2000 dot.com valuations with only revenue growth backing their increasing valuations.
Yours method of broken IPO gives the opportunity to apply margin of safety concept to speculative biotechs and make money.
Yes I would recommend The Biotech Forum to others.
Very thorough analysis of each stock selected for review.
The "Jensen Rules " make a lot of sense - a brilliant way
to manage risk while keeping the door open for further gains.
I enjoy the quotes from famous people which are included
in each post.
I've made a 60% return in 3 months following Bret's advice. Nuff' said.
As a new Forum member who spent many years in the securities business, I have read Bret Jensen articles for some time. I was impressed with his knowledge, his openness, and his straight forward opinions, so recently I decided to try his forum as a member. The forum is unlike any chat or open opinion sites I have used, and I have been in a number of chat sites over the years. Reason I would recommend it is because Bret does participate,and gives his opinion to all the members. All are there to get info, but many members have good knowledge about biotech and so important, they share info and YOU DO NOT HAVE PERSONAL ATTACKS OR BELITTLING OF EACH OTHER - JUST FOLKS TRYING TO HELP ALL MAKE GOOD INVESTMENT DECISIONS. The purpose is to inform, share info, and help all make money. While there can be different opinions, they are expressed in honest posts and just do not have the stupid or argumentative remarks found on many chats. This is biotech almost entirely, and Bret clearly states risks and sets the proper situation for his picks. If you are a Biotech investor, or want to be, I think you will find Bret's Forum and the people who are members very helpful and enjoyable. It is good for newcomers to biotech as well as experienced biotech investors.this Forum is an excellent source of factual info with a person who is knowledgeable and is willing to openly share his knowledge!!
Glad I became a member, and have already benefited from it.
I couldn't be happier with this service. I have been a member for over a year. First, the most important thing to many - I've made a lot of money over the past year based on Bret's recommendations. I am up 72% over the past year and I have been well diversified. At one point in May of this year, I had a dozen stocks that were up more than 50% and a handful over 100%. While the stock picks are important, the online chat community is really helpful. On a daily basis, Bret provides real time views of news that has been announced. On a number of occasions, I have either initiated positions, added or reduced and more often than not, it has turned out well. There are often nearly 100 individuals on the online chat. Many individuals offer good perspective and insight. When the market gets challenging and it always does, having a resource like Bret is invaluable. The cost of the product is a fraction of the benefits derived. I will be a member as long as Bret continues the service.
I've been following Bret for about 6 months now and, different from many others, he's an honest, consistent, straightforward investor who clearly states his goals and strategies and maintains the discipline to follow them. One must remember that the Biotech sector is volatile and game-changing moves can take months or years. Bret's rules for choosing the most attractive stocks are logical and give us the best chance of reaping rewards, understanding that nothing is "definite." I strongly recommend!
As a frontline source of info on Biotech and Pharma I find the forum to be an excellent investment. Bret's deep dives on various plays in the industry provide excellent learning opportunities and are supplemental to any research on a particular stock. Further the daily chat room is a good source for feedback on what others in the investment community are feeling(sentiment) at any given time.
Bret Jensen brought ITCI to my attention back in March. In one daytrade today I made my annual subscription back 2 times over even on a token tracking position. That'll cover a 30% overnight loss on another biotech trade and still leave me smiling. This gentleman has seriously discerning judgement.
I am a member of both Bret Jensen's Biotech Forum and Insider Forum. I am very pleased with the results. Bret and his team do the heavy lifting in terms of timely analysis and Bret gives his personal take on how he's going to invest, or not, in a company that is reviewed. It's not rah-rah stuff. It's objective and it's personal. He advises how risky an investment is. All of this is very helpful in my making decisions whether to invest in a company or not. Not every one is a winner and you've got to accept the good with that bad. I've had returns of 751% and -67.1%. I've paid attention and made a lot of money with Bret. Sometimes an investment goes down and he'll advise whether to stick it out or not, He has been the best financial subscription advisor I have had. I've given money to others and have had varying levels of success. Some were helpful and some were PR fluff with no return (but lots of offers to have me give them more money!)
Best of all, he's made investing fun! If you're willing to read, think, and act you can do well with his advise.
His advise is the most timely I have ever gotten.
I love the exchange of ideas among the forum members and willingness of everyone to ask questions and share their investment
opinions about other bio stocks as well as other sectors. Brett is a great facilitator of the forum.
Bret makes investing in Biotech much simpler and straightforward with clear and easy to understand analysis. He was very responsive to any questions that I had. Thank you Bret!
I have found Bret's analysis to be accurate, timely and disciplined. I have enjoyed the reviews and updates and am learning a lot.
The Biotech Forum is a great resource! Bret lays every thing clearly and concisely so you can take the next steps on your investment journey. He constantly promotes the "Jensen Rules" which are designed to give you a solid investing framework that balances growth and risk. And last, but not least, is the community of investors in the chat room that are always there to give your their feedback and post relevant info .
Bret is great he answers every question you may have. Gotta try insiders forum or biotech gems, I subscribe to both. Stay invested for the long term and bret will find you winners as he has for me.
A daily tool full of useful insight, like minded investors who genuinely help each other, sharing personal thoughts and past experiences.. The Biotech Forum is the first forum I open every morning, and the "Deep Dive" articles are the best I have come across...
Bret has a wealth of knowledge and experience in biotech investing. The strengths of the Forum are the list of biotech stocks worth holding with buy limit prices and Bret's timely comments to your questions. For myself, I've had a mixed performance although it's been only about half a year. Biotechs can explode downward with bad news and there have been quite a bit over the last couple of months. Very challenging area and after your research, you still need to be a bit lucky that the company reports good news.
It does a lot of the filtering through of all the biotech news, and gives me some of the highlights and most important stocks to watch. I would never uncover as many stocks worth a closer look, without the help of the Forum.
Bret's columns are very straightforward and he tells people of the fact that there will be some swings and misses, but if you invest with his balanced plan in mind you'll make healthy profits over the long haul. His columns are insightful and I enjoy reading them.
-Danny W.
I find Bret's Biotech Forum an incredible source for bio-tech investing. The live chat and weekly updates make is really easy to follow bio-tech portfolio. Whether the sector is moving up or down; The Biotech Forum is there with guidance.
Thanks Bret!
Brad L
Full time trader here, specializing in biotech for over 10 years, but still find Bret's service an outstanding value which provides excellent thought provoking insight, prudent strategies, and a broad overview of the biotech landscape in general; in today's ever more challenging market environment - and biotech is by far the most treacherous and difficult, one needs to take advantage of every available source to maximize success...Bret's Biotech Forum routinely delivers on all counts.
Great forum! Brett is an easy going host and never frets at answering the silliest questions. His knowledge of the industry is tremendous and he carries an impressive and clearly growing following. There are two critical aspects to buying individual stocks. First is "what to buy?" Brett steps into this role admirably and with great competence. Second is "what will the market do?" Well this second challenge is one of the toughest. Not even the greatest investors have mastered this second challenge. But Brett cuts the challenge down in half. He's got us covered on the first challenge, "what to buy?" We can't ask for more. Thanks Brett!
I followed Bret for around two months and his articles was very helpful for choosing the best socks.
cheers!
Bret is a great guide for those looking to invest in biotechs, big and small. His analysis is thoughtful and knowledgable. He's also consistently helpful, responding quickly to questions. In the short time I've been a member of the Biotech Forum, I've had very encouraging results, and have learned quite a bit already about how to select and buy stocks in this volatile but profitable sector.
Great and personable, very knowledgeable and worth the investment !!
I joined several months ago and found Bret's analysis to be not only granular but well balanced. I've never read anything from him that was a sales pitch. More importantly the guy has answered the few messages I've sent him within a matter of hours. No idea how he does this when he is at the top of the Seeking Alpha food chain and has who knows how many subscribers. The biotech world has been a tough one this past year yet he has remained calm in the face of a few idiots who have criticized him... as if it's his fault rather than market forces. I'm sticking with him though, especially after today's RLYP buyout which he smartly identified as a possibility. Sadly I only took a small nibble of 5,000 shares 58 days ago at $15.96 but at least the 80 grand I made will pay my Biotech Forum subscription for a few years. :-)
Bret is very responsive to members' questions and inputs. The interaction between members on the live chat is helpful and often entertaining. I have found Bret's inputs to be sensible and accurate. Frankly, I don't have time to closely keep track of 20+ Biotech holdings, so it's worth the price of admission to let Bret do the research and I get to read it and make my decisions. I highly recommend this very reasonably priced service.
I am a recent member of the Biotech Forum. Since joining, Bret has reviewed my current biotech portfolio and provided helpful suggestions as to their quality and potential. I also find the Forum portfolio recommendations a good way to balance my biotech investments. I would highly recommend this author to anyone seriously investing in the biotech industry.
Bret openly communicates each day on the forum providing valuable insight. Sometimes being a the forum leader requires patience, which he exhibits. Most importantly his stock knowledge and conclusions from the research can be taken to the bank. Of course no one is going to be right all the time, and sometimes it takes time to determine if a play was a good one. He also communicates investment strategy very well. Open to answer any question posed. Recommend highly. Dan
Bret's forum has a double positive. Bret's deep dive into specific companies makes you comfortable in the recommended Biotech companies. The comments by forum members about other companies helps you eliminate companies you may have been thinking about on your own. Biotech has been going through rough times, but I look forward to the future with Bret's analysis.
Bret Jensen is a treasure among securities analysts. His knowledge ranges over many industries, and he always writes with something important to say. The model biotech portfolio he has developed for the forum is artfully constructed and a model of clear sighted intelligence. He is always accessible to subscribers and very responsive to questions. Best investment newsletter I take.
I have been following Bret's articles for around a year now and joined Biotech forum couple of months back after I was convinced that this forum is the right place to be for a successful investment in biotech stocks. Bret is very experienced and times the market really well like when to raise cash, when to deploy dry powder, when to be conservative etc. He is also an expert in picking the right stocks (9/10 times) and does DD on each and every stock he picks for the forum. The Biotech Forum portfolio almost always beats the IBB (well renowned biotech ETF) which again emphasizes why one needs to be part of this forum. However, this is the place for investors and not traders by which I mean that one needs to believe in their investment and be prepared to be patient till the investment bears fruit.
Happy Hunting
Bret Jensen's Biotech Forum is an excellent entry into the world of Biotech. Clear writing and a constant eye out for well reasoned opportunities make it a great resource in this highly volatile & profitable sector. Highly recommended.
RiskStrategies
I've been a Biotech Forum subscriber for several months and couldn't be happier with the service. Not only has the performance of the portfolio been stellar and has easily beaten its benchmark, but the analysis on stocks and the weekly updates are crisp and concise. In addition, Mr. Jensen is on 'Live Chat' answering subscribers' questions on a daily basis. No wonder it's one of the top subscribed services offered on SeekingAlpha. I'm actively recommending it to other investor friends...
My thanks to Bret Jensen for the Biotech Forum. I really appreciate his thoughtful analysis, his insights into the market, and the breadth of his perspective.
The biotech space has been a roller coaster this summer. Bret's articles, instablogs, and helpful responses to member inquiries have made the process
easier and more fruitful.
John M.
Bainbridge Island, Washington
Bret is very responsive and provides excellent analysis.
Bret is a wizard at picking biotech winners. I have been following him for over 18 months and have made a killing on EGRX, thanks to him. Keep up the great work!
I want to get as many opinions as possible before I make my Bio investments. That is what this forum does.
Never again, the Biotech Forum is the best recipe for disaster ! if the stocks they keep referring to, and those stocks in the portfolio were good stocks, they wouldn't be trrading at these low prices and wouldn't be penny stocks !
BioTech Forum is an incredibly open discussion of positions savvy investors have, or are contemplating. Additionally, Bret Jensen does the best analysis of biotech companies. He also shares wisdom about money management strategies, including most recently, option related trades. His research is unprecedented in covering company and FDA events, and letting you know what type of opportunity is at hand. This service will be the most profitable investment you most likely ever make.
good info ...ai made a ton of dough on hid dvax call ...he called it at seven ...i hung back till 10 then sold at 17 .50...he is smart and serious ...and was not expensive
I like and respect the author's analysis. Seems thorough and professional. But I also think the portfolio results do not match up to the theoretical potential yet. Personally, I think we should not marry stocks and should sometimes take a loss and exit. In that sense, I wonder if analysts struggle to be good traders/investors. Also, wish the author kept track of the portfolio using the "positions" feature of the website. That way entry, exit and dates are easily available and transparent.
The forum and Brett provide a resource of information that is not readily available for a small biotech investor.
Both Brett's articles and the forum discussions are very useful. In a market as volatile as biotech a community of people that help you stay centered is essential.
Bret has done a good job in selecting the initial set of recommendations, achieving a 8-10% rate of return in a short time if you took all the recommendations. I joined about half way through. His research is well documented. The price movements in this space are quite volatile, so this is not for the faint of heart. I plan on continuing to stay in the forum, because I think overall returns in the long run will be quite good. One note of caution- there are no stops suggested. So I do not know how this portfolio will do in a bad market or a bad biotech sell off.
Don't waste your time and your readers time on stocks that are not buys, less quantity, more quality..
The sick thing about the freemium model, is the bias towards acquisition vs. retention of paying customers. So much information and analysis are provided to the general public that the value of the paid content is some how non-prportional. All tools are provided to the mass audience while the pretty lively community which gathered in this service must communicate through a quirky, jumpy chat which is hard to read, with non-functional sound muting and not possibility to alert or search. While all users can use apps with somehow limited features set, the forum members must stick to their desktops if they want to benefit from this subscription in an effective way. Tools like a proper scoreboard, visible classifications and rating still rely on manual expel I like Bret and I may be able to learn and maybe profit, but this is hindered by the interior tools and information differentiation which are provided.
Way overvalued compared to other services in biotech. If you're interested in biotech sector, ROTY and Growth Stock Forum are the best two of them. Bret runs 2 other marketplace services other than this. Seems to be distracted. No risk management. Would not recommend.
Can't recommend this service. Author is not transparent on his performance as we don't get clear return information. Very expensive for what you get. Better services out there such as Faison's. He has better results and better information on his picks.
Please include a table every week showing each recommended position with it's buy price, along with it's current price. Thanks.
Anything I write would not be negative. Using your model portfolio, I am 0/7 losing several thousands dollars. No wins, all losses 5 at 25% or more. I have lost all confidence in your stock picking and recommendations. Waste of money