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Biotech Dan
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Post-graduate student in chemical + bioengineering, get my kicks by learning about things that interest me! Looking to use my expertise and knowledge to better communicate biotech trade ideas to the average investor.
  • APPY: Upcoming Binary Event 5 comments
    Feb 27, 2014 8:38 AM | about stocks: APPY

    As many of you should be aware, a binary event is coming in March. Early to mid has been mentioned, thus it can literally be just around the corner.

    My advice: if you bought at any time around when my first article was posted, you should be well in the black (up to 10%). Even greater opportunity has been shown in past days where the share price has appreciated as high as $2.65. If you are an investor who cannot take on any amount of risk, then sell out. There is no reason for you to hold through a binary event. If losing a large portion of this investment would seriously harm you, then do not hold.

    A binary event is not something one should gamble on with money they are not readily willing to lose. It is of my opinion that APPY1 will produce favorable results, again. However, that is my opinion. You should make your investments and investment decisions off of what YOU think.

    Personally, I am going to hold. I can't foresee APPY1 suddenly becoming ineffective after it has been proven through past trials (and already has European approval). But the chance of success is not 100%.

    Be responsible with what you have. If you are incredibly anxious - perhaps risky investments are not for you.

    Disclosure: I am long APPY.

    Stocks: APPY
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Comments (5)
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  • Regarded Solutions
    , contributor
    Comments (20211) | Send Message
    good advice yet I will hold as well. Longer term, this stock should do quite well.
    27 Feb 2014, 01:37 PM Reply Like
  • Biotech Dan
    , contributor
    Comments (111) | Send Message
    Author’s reply » I just wish for people to be properly informed. I am not a psychic. I am just some random person on the internet.
    27 Feb 2014, 01:47 PM Reply Like
  • Regarded Solutions
    , contributor
    Comments (20211) | Send Message
    youre not random....youre biotech DAN! :)
    27 Feb 2014, 01:58 PM Reply Like
  • Jeremy LaKosh
    , contributor
    Comments (200) | Send Message


    Thanks for your work on all of this. It has been an educational experience for me. As a value investor, I typically do not look towards binary events as a possibility, but I've really been interested in this story. I'm still evaluating the situation, but whether I buy or not, I hope the tests are very successful.
    28 Feb 2014, 07:30 PM Reply Like
  • RideTheBull2014
    , contributor
    Comments (7) | Send Message
    Looks like the binary event was very good. Stock screaming in after hours trading. From $2.71 to $3.13 up $0.40.
    12 Mar 2014, 09:51 PM Reply Like
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