You and I should get together for 6am coffee, Ovi
Post# of 72440
Posted On: 12/16/2013 6:15:36 AM
You and I should get together for 6am coffee, Ovi . . . we are the only one's that post this early! I think you can get "grumpy" about your investments when it becomes "emotional". You and I and other "long-termer's" were lucky to get into CTIX early and make money. I see from some posters on iFlub that they have significant funds in CTIX . . . some who have and will be hurt if this doesn't come to fruition.
My investment philosophy has changed... I am much more atune to what big investors and hedge funds are doing and following them. They are much smarter than me.Yes, I am a fan of the Baker Bros and several others. If you looked at MACK (not a Baker holding) the last quarter you would have seen massive hedge fund buyers, I think three that took stakes of 15 million plus shares. CTIX has been at enough conferences in the last year to have seen something...anything from institutional investors. We were fortunate (lucky) to get into CTIX in the 50 cent area and ride it to $2 plus.... but what next? I look at a company like IMUC, "news" (wishful thinking) artificially pumps it up and then it crashes....lots of people pumping it (like CTIX) but no institutional investors. If we see some real news on Kevetrtin, I will be back in. Yes, I may miss a bit of the initial bump, but that's okay. Its like my ACAD investment.... I first learned of ACAD in Sept 2013 when it was trading at $2.50....I didn't buy in until it hit $6.50.....I have been riding (and adding) and now it is $23 plus. Just what I am doing.... not saying this is a strategy for others.
Best wishes,
Jeff
My investment philosophy has changed... I am much more atune to what big investors and hedge funds are doing and following them. They are much smarter than me.Yes, I am a fan of the Baker Bros and several others. If you looked at MACK (not a Baker holding) the last quarter you would have seen massive hedge fund buyers, I think three that took stakes of 15 million plus shares. CTIX has been at enough conferences in the last year to have seen something...anything from institutional investors. We were fortunate (lucky) to get into CTIX in the 50 cent area and ride it to $2 plus.... but what next? I look at a company like IMUC, "news" (wishful thinking) artificially pumps it up and then it crashes....lots of people pumping it (like CTIX) but no institutional investors. If we see some real news on Kevetrtin, I will be back in. Yes, I may miss a bit of the initial bump, but that's okay. Its like my ACAD investment.... I first learned of ACAD in Sept 2013 when it was trading at $2.50....I didn't buy in until it hit $6.50.....I have been riding (and adding) and now it is $23 plus. Just what I am doing.... not saying this is a strategy for others.
Best wishes,
Jeff
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