Should I start reading papers and options trading biotech companies?the other option is selling drugs
Kek, you actually think you can make money on stocks with public information? Lemme guess, you believe Warren Buffet is the greatest investor of all time too.
>>59672275Why not both?
>>59672307The average normie knows literally nothing about chemistry. I don't imagine the average trader is that much better. Institutions are better maybe, but how many of them are going hard in the paint on biotech options?
biotechs are a coin flip, without insider information you are basically gambling
>>59672275Tech can be sound and still fail, I think you'll always face some great risk trading biotech. Without somehow knowing their most recent experiment outcomes it could either run up or go bankrupt and bottom out.
>>59672345Have you ever read an annual report? They're full of fluff language written by CPAs to appease the SEC, the only useful section in those 100 pages is the detailed financial data.
>>59672275I dropped out of a chemistry degree myself. It was comfy, I still miss the toxic smells of my childhood. We used to make smoke grenades after school, people don't understand how much power a kid with basic knowledge of chemistry has, we could blow up a building if we wanted to. Not that we did. Not that I remember how to anymore, officer
>>59672275go full walter white and sell meth to niggers so they od