/biz/ - Business & Finance

>>1524168
Probably me even tho I lost a few bucks on that failed ph2 a while back ago.

Bros, here's how I play biopharma, which is volitile as shit with fears of a clinton presidency (more regulation = less money in your pockets).

I check out the biopharm calendar, the dates aren't 100%, but it's a place to start:

http://biopharmcatalyst.com/calendars/fda-calendar

I pick a few ph2 or ph3 coming up and check out the company's site to see what's in their pipeline. If something fails it's nice to know I can avg down and wait for the next catalyst. I usually start selling some shares during the couple weeks runup before fda date (also make sure the date hasn't come and gone, since it's not set in stone). You're basically gambling on results, but you wanna get in early and be prepared for bagholding.