Superfreak's take on stemcell companies?

C

Chapdog

Abreast of the situations
I know its just all hype but tempting looking at a company like STEM. up double digits 2days in a row now. How big will the bubble get on this one do you think? Enough to make 100% in a weeks time?
 
Chapdog said:
I know its just all hype but tempting looking at a company like STEM. up double digits 2days in a row now. How big will the bubble get on this one do you think? Enough to make 100% in a weeks time?
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A lot stems (no pun intended) on the hype behind the great and glorious federal funding potential of embryonic stem cell research. With the announcement from Geron last week, there is tremendous hype. Public stocks will benefit from the hype. Bottom line though... IF you are going to play in this sector... wear your seat belt... cause the ride is going to be rough. I am not looking to invest in this sector because of all the hype. I will wait for that to die down.
 
I am feeling the same sentiment. I just know how overdone things can get for a newly hyped industry. For a company like STEM the overdone may not be until 18bucks a share.
 
Chapdog said:
I am feeling the same sentiment. I just know how overdone things can get for a newly hyped industry. For a company like STEM the overdone may not be until 18bucks a share.
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Well, it most certainly fits into the high risk/high reward category. It will be a Hero or a Zero over the next few months.
 
i don't know. Im not touching it for now.

i picked up a little VMW today 500shares @ 22bucks. earnings after the bell.. Keep my fingers crossed.
 
I'm sitting on 50% cash right now. The remainder is old boring dividend paying defensive stuff spitting out just under $10k in dividends per year.

I do have couple small trading positions - 1000x SBUX (@$9.11) and 1000x FAS (@$9.45). I'm in the red on both, but I can afford to sit and wait. Just cheeseburger money, not anything that would cause me grief if I lost it all.
 
Troglodyte27 said:
I'm sitting on 50% cash right now. The remainder is old boring dividend paying defensive stuff spitting out just under $10k in dividends per year.

I do have couple small trading positions - 1000x SBUX (@$9.11) and 1000x FAS (@$9.45). I'm in the red on both, but I can afford to sit and wait. Just cheeseburger money, not anything that would cause me grief if I lost it all.
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I just bailed on FAS @ $11.21, and SBUX is now in the black versus my basis.

Happy trading everyone!
 
good thing i didnt buy into the hype. i also dumped vmw for a 3% loss the day after as well. The whole markets sucks.
 
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