CryptoCondom|8月 25, 2026 16:28
Would-be biotech investors remind me of meme coin traders in the trenches. Most biotechs are overvalued shitters with massive debt, high risk of dilution and small or irrelevant pipelines.
A lot of friends have DM'ed me hot name biotechs that have broken out recently...but 9/10 are genuine garbage.
A couple things to keep in mind :
-nonservicable debt and dilution are not acceptable
-just bc a drug is approved or likely to be approved doesnt mean its a blockbuster (or going to be)
...for example:no one cares about the 6th generation PPI or another immunologic for hydradentitis
-more than any other type sector, biotechs are prone to buy the run up to approval/sell the news bc it takes 12-24m minimum to properly scale and commercialize new drugs
Id caution you to be mindful of fundamentals or someday you're going to find yourself in the same situation as a turkey on Thanksgiving.(CryptoCondom)
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