Club Mulgoa

Friday, June 05, 2015

VLA

Technically, it should be easy for me to pick medical biotech stocks.  Yet, often, it is a loss.  Why?  There are too many factors, many are unpredictable or unforeseen.

For example, when you purchase a sleep apnoea company, suddenly you find other equipment are introduced which are better.  That could spell the end of your investment.  Or if there is complication, then it can be decimated, too.  While it might be successful in all aspect, nothing could happen if it is not sold in the USA.  And you only profit if a big multinational decides to take it over.

This time around, it is VLA's turn to shine but you never know when it collapses again...  The idea is fantastic, the announcements have been good but you only need on major bad news and it vapourises.

1 Comments:

Blogger Club Mulgoa said...

VLA is continuing to rise. At this rate, without bad news, I can expect the momentum to carry it over 100$ since I bought it. The most dramatic has been over the week.

With this kind of stock, you need multiple good news before it is taken notice of, unless a big multinational moves into its share register. But you only need one bad news to see it plunge.

5:26 PM  

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