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  • Covid19 stocks to invest

    Anyone investing in companies that are responding to the covid19 pandemic? I have been researching stocks involved with diagnosis, treatment, and vaccine. A few that I have come across are codx and gnmk for their diagnostic tests, gilead for treatment, and moderna and inovio for vaccine. They all have seemed to gain 200-400%. The next biotech company I see with potential is bcrx for their drug galidesivir. A search on pubmed shows that In silico it can bind to rdrp just as well as remdesivir. It is effective against ebola, marburg among others - almost like the vancomycin of antivirals for its broad spectrum. Its easier to produce than remdesivir with fewer steps. It has fewer side effects than remdesivir at higher doses. Finally clinical trials are underway with completion of phase 2 by mid July. I am tempted to invest in this one.

  • #2
    You realize that this is already known and factored into the price.

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    • #3
      Originally posted by ctsurgeryfellow02 View Post
      They all have seemed to gain 200-400%. .
      so youre up 400%? good for you. keep it up.

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      • #4
        Good luck. My ROT is never to play poker against professionals. Consider what you’re willing to lose before betting.
        Financial planning, investment management and CPA services for medical and high-income professionals | 270-247-6087

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        • #5
          I wish I was up that high. I've just been following all these stocks and wishing I had invested in them before all the hype occurred. I'm impressed how high moderna is valued with no current product - all just speculation. Maybe I'm reaching too far, but I feel that with the background us medical professionals have in bio, that we should be able to beat the market with medical stocks.

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          • #6
            Originally posted by ctsurgeryfellow02 View Post
            I wish I was up that high. I've just been following all these stocks and wishing I had invested in them before all the hype occurred.... Maybe I'm reaching too far, but I feel that with the background us medical professionals have in bio, that we should be able to beat the market with medical stocks.
            Please please be careful. You're your own decision maker. But this line of thinking is what gets "investors" into trouble.

            Everyone has a very long list of stocks they wished, heck "knew" they should have bought into. Everyone.

            And every professional thinks they know their field. I know truck drivers who say they can predict gas prices. I know produce people who swear they can predict food prices. They can't. No one has an "in" to beat the market.
            "Oh look another bajillion point declin-Ooooh!!! A coupon for pizza!!!!" <--- This is what everyone's IPS should be. ✓✓✓

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            • #7
              Write down your next good buy and see how it works out.

              By the time we find out from the news that a company is developing something potentially useful it is likely too late.

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              • #8
                “ I feel that with the background us medical professionals have in bio, that we should be able to beat the market with medical stocks.”

                The problem with you logic is that the stocks are public. You are comparing yourself to retail investors.
                Keep in mind, your technical knowledge is probably lower that the professional investors. They have prior access from a company’s prior efforts to raise cash, know the personnel, suppliers, vendors and competitors. If not in-house, the contracted for subject matter researchers to evaluate. Your knowledge “edge” is probably not real for the specialists. They would have reviewed every medical regulatory filing.
                Have you? What else do they have in the pipeline? Who are the lead researchers? If they do find one, what steps to bring it to market and what profit potential?
                Rhetorical questions, no answers needed.
                It is good to invest in what you understand. It is likely a mistake to assume you know better.

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                • #9
                  Why shoot for the longshots when you can make money just buying sure things like JNJ or MMM or HSIC or KMB or HON (assuming you are targeting health care stocks)?

                  In a normal market, the stocks for the giants are fairly uninteresting and mostly just pay dividends, but right now, they are still beaten up from the Corona panic crash. Therefore, there is no need to take risks when there are proven winners everywhere you look. Sure, the time to buy most was in March or first half of April, but you can still do pretty well and get discounts on maaaaaany companies you wouldn't mind holding 5 years or more.

                  Corona isn't going anywhere. That's a fact. PPE and medical supplies will be sold constantly. The re-open is happening. In addition to ERs and ICUs, you will now see outpatient clinics that never used much PPE suddenly eating it up now too. This article is one of the most fair and realistic on the long term Corona effects (basically becomes part of the cold/flu cycle, which should've been common sense all along):

                  https://www.washingtonpost.com/healt...ge%2Fstory-ans

                  Originally posted by Hatton View Post
                  You realize that this is already known and factored into the price.
                  ^^ Yep... any news you read is already baked into the speculative price of the small caps. You won't have any unique or privilege info unless you are insider trading (and even a lot of those people see their money fizzle out to basically zero if the company fails to reach its goals or a key founder or two jumps ship soon after IPO).

                  Don't risk when you don't need to. There are tons of solid, safe buys that can make you $$$ right now. Many I've bought so far this year have doubled or even tripled up, and we are talking about medium and large cap industrial, entertainment, energy, etc stocks with dividends - not risky small, OTC, or micro caps.

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                  • #10
                    Unless you are really an expert in the field, I highly recommend against investing in biotech based on a pipeline. Something can be a slam dunk and still get denied FDA approval while another gets through despite having little effects. Especially these days where health care policy and politics are so intertwined and there are questions about conflicts of interest. You risk losing a lot based on a grudge or a wink wink handshake among people who have nothing to do with the medicine. If you want to invest in proven growing sales then that's more reasonable.

                    I made a post a few months ago with several companies that should thrive in this pandemic/post pandemic environment and we're doing well for themselves even before Covid (so there was no need to play a rebound, just buy and hold). If you're interested you can do some reading and see how those have done since my post, since their peak just before the market downturn in late February, and over the past few years.

                    https://www.whitecoatinvestor.com/fo...-economy/page2

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                    • #11
                      Biotech is a great sector. I've discussed this before as an outperforming sector, easily besting the broader market since 2009.

                      IBB safer than the speculation of individual companies, has gone from about $21 in 2009 to a record high of 134 just this week. That's >6 fold.

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                      • #12
                        I remain long on the mortuary stocks.

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                        • #13
                          Originally posted by G View Post
                          I remain long on the mortuary stocks.
                          So the folks expecting a strong second (or third) wave of Covid-19 are long Service Corporation International?

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                          • #14
                            Originally posted by Hank View Post

                            So the folks expecting a strong second (or third) wave of Covid-19 are long Service Corporation International?
                            I created my own mortuary mutual fund years ago. Figured it was perfect hedge as a doc!

                            Yes, SCI is included in that.

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                            • #15
                              Originally posted by ctsurgeryfellow02 View Post
                              I wish I was up that high. I've just been following all these stocks and wishing I had invested in them before all the hype occurred. I'm impressed how high moderna is valued with no current product - all just speculation. Maybe I'm reaching too far, but I feel that with the background us medical professionals have in bio, that we should be able to beat the market with medical stocks.
                              What evidence do you have that this is true? Because I have an awful lot of anecdotal evidence that it is not.
                              Helping those who wear the white coat get a fair shake on Wall Street since 2011

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