RE: Heading North Everyday ?18 Jul 2024 15:46
Castle I can give you a prime example of how I have made that amount in a short space of time, down to my train of thought, skill but also luck playing it's part.
Last year I was witnessing stocks from nasdaq arriving on opening anything between 100 to 300% up and booming, I see it drop massive and I see many young investors lose money quick.
It made me think, what drives these? What is causing these spikes on bio stocks and how do I get ahead of it?
So I looked into the stocks that was arriving in the past few months, the main catalyst being phase 2 or 3 results, oncology being the highest of them.
So I looked up oncology stocks, at 52 week lows, awaiting phase 3 results.
C4 therapeutics was my best option, and 2 weeks prior I bought 2.5k worth of shares as a beta test prior to those results.
The results was OK, but not the traction I expected but I holded until a week later, Merck come with a 600 million collaboration and it went ballistic!!
By the start of the year it had surpassed $10 and I eventually sold at $11,55!!!
That is just 1 successful trade, I don't listen to people and I only ever choose my own stocks, it's then down to me and me alone to take the blame.
I could name a few with similar results, but rest assured AIM, is not the only place to make money.
I diversify my portfolio to become self sufficient, easily managed and only trade on dips of long stocks to simply add to those investments without the loss of capital.
Testpack3 can question me all he likes, these are facts. I could easily prove them, but showing my place of work was already an overstretch of information provided.
But the old twerp is making me fed up with his incessant badgering of all things untrue.
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