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Joseph P. Porter
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I am a retired college faculty in Philosophy, with specializations in Ethics, Socio-political Theory and Rational Choice/Decision Theory. My teaching focus was on Business Ethics, Medical Ethics and Logic. After retirement I freelanced as a Grant Writer/Fund Raising Consultant. I have taught at... More
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Joseph P. Porter's Instablog
  • Life On The Cutting Edge Can Draw Blood 2 comments
    Dec 22, 2012 2:31 PM | about stocks: ONTY, CUR

    Oncothyreon (NASDAQ:ONTY), about which my previous blog whined, and Neuralstem (NYSEMKT:CUR) are the holdings I have that are on the cutting edge of biomedical technology, and I am learning quickly that the cutting edge is quite sharp. Both companies are developing important drugs and treatments, and announcements from them - good or bad - have immediate impact on share prices - up or down, respectively.

    I suppose that's what life is like on the cutting edge.

    Long term, I see both companies being bought up by large pfarmaceuticals when they get well-developed products ready to be marketed. Pfizer, Merck, Lilly - you name 'em, I'm sure they're watching the small companies as they develop and become ripe for the picking.

    In the interim, I view the companies as "pop-and-drop" holdings - if they release really good news somewhere down the line their share price should jump nicely ("pop"), and if they jump nicely enough, I'll sell them in a nano-second ("drop").

    Oh, yeah . . .

    I will be trying something out at the beginning of the new year involving my set of criteria (listed elsewhere in an earlier blog). I think it will be fun.

    Disclosure: I am long ONTY, CUR.

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Comments (2)
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  • Miz Magic DiviDogs
    , contributor
    Comments (4180) | Send Message
     
    "Pop and drop" -- that's great! :)
    Looking forward to your new adventure. Happy Holidays!

     

    Miz
    23 Dec 2012, 03:05 AM Reply Like
  • Joseph P. Porter
    , contributor
    Comments (681) | Send Message
     
    Author’s reply » Same to you - and if you're into dividend dogs, you might find it interesting.
    23 Dec 2012, 09:58 AM Reply Like
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