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  • Ocean Man
    It's impossible to follow every stock. To follow a large #, you must decide what types you will ignore. For me, that is tech and biopharma.
    4/29/12
    Reply (13)
    • Ocean Man: Biopharma: you hear about huge gains in these every week, but I've seen far too many 60% one-day drops for me to want to play in this arena.
      4/29/12
    • Ocean Man: Tech: two reasons. 1) It would take an incredible amount of time to "get smart" on these, and it's imo the #1 area where those who know
      4/29/12
    • Ocean Man: know A LOT more than those who know a little. 2) It's a gigantic sector. I can eliminate what seems like half of the stock news on any given
      4/29/12
    • Ocean Man: day by skipping over tech. I only have so much time, and skipping tech makes everything else closer to manageable. Thoughts?
      4/29/12
    • Josh Krause: Almost a modified Peter Lynch investing principle. Invest in what you know. If you don't know it the risk of loss is higher than desired.
      4/29/12
    • iadops40: biophara/biotech is a very risky field for investors. been burned long and short. now I buy before the hype and take 30-40% before PDUFA's
      4/29/12
    • iadops40: but I strongly agree with the investing in what you know
      4/29/12
    • Brandon Gibbs: I stay away from tech & pharma also, same with many of my investor friends
      4/29/12
    • iadops40: I can understand, its very volatile and only for those with a strong stomach LOL.
      4/29/12
    • Brandon Gibbs: Although, GLUU looking very interesting
      4/29/12
    • iadops40: yeah I like GLUU for the potential FB buyout :D
      4/29/12
    • Brandon Gibbs: How do you play? Options? Shares?
      4/29/12
    • iadops40: shares
      4/29/12