Quote:
Originally Posted by no_clue
Anyone here look at small pharmaceutical companies in the USA?
All of them are penny stocks, but when good news comes, they ROCKET up.
but also tank if there is bad news.
Im looking at XOMA/CTIC currently... so tempting lol.
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im buying biotech stocks in the states, gotta do your DD tho, like you said, 1 good news and it can go up 50% but 1 bad news and your down 50%, try to buy a stock near fda approval date, its always good news if it gets approved but you gotta put a stop sell in place so you dont lose alot if fda doesnt approve it