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Chris Lau

Post Your Worst Stock Picks (Part 2): Biotech Edition

Follow-up to the weekend's list of worst picks, what are your worst stocks and why did you buy it? Will you sell it by the end of this year?

Rite Aid

$RAD, RITE AID CORP / H1

Almost every biotech. Except Valeant (VRX) which this group of Value Stock members picked and voted it was a BUY. 

For months.

Kerx:

$KERX, KERYX BIOPHARMACEUTICALS / H1

TRXC

$TRXC, TRANSENTERIX INC / H1

Conversely,

GILD, CELG, VRX, and TEVA are coming back.

VRX:

$VRX, VALEANT PHARMACEUTICALS INTE / H1


  • 288 288 correctly predicted forecasts
    Max Grigoryev
    I still think $VRX should move higher :)
    Reply
    1
  • 209 209 correctly predicted forecasts
    Chris Lau
    Max Grigoryev, $20+
    Reply
    1
  • Srinivasa A
    okay very nice!!!!!!!!
    Reply
    1
  • 138 138 correctly predicted forecasts
    Long/Short Investments
    Haven’t really made any awful picks this year, but main regret is underweighting risk assets in 2017 given where volatility has been (too conservative) due to concerns over valuations. (Valuations poor predictor of short-term returns.)
    Reply
    1
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