Showing posts with label money. finance. Show all posts
Showing posts with label money. finance. Show all posts

Tuesday, May 24, 2016

Weird Scenes Inside The Gold Mine

Stocks are not for the weak-hearted. The ups and downs on a scale resemble that of a person having a heart attack. Stocks are ever changeable, and weak-hearted individuals may  not be able to endure the battle to win the war.

I have been focusing on pharmaceuticals, which some advisors view as risky and fly by night. When Pfizer came out with Viagara, for example, it's stock price was at an all-time high. Today it is average and a risky investment long term.

When it comes to pharm-stock, I find you should strap yourself in for the ride, buy low and sell high, research the uses  of the product and make sure the target audience is dominant in it's a miracle cure for that audience.

Think senior health with baby-boomers aging and needing life-saving drugs. With senior, drugs need to fight cancer and boost immunity.

I came across Exelixis purely by accident. It was under $4 and into cancer research. I bought my shares and went on a wild roller coaster ride that would see me taking heavy monetary hits. At one point it was below $2 and all analysists pointed to not buying and selling. I didn't listen.

Today the stock is over $6. I realize that I am still in for a bumpy ride, but today I am far out of the red with this stock. This stock has now become a must buy, and even skeptics realize it's potential. I've seen my portfolio skyrocket in the past couple of weeks!~