“Boiler Room” = stock market crash?
Question: Last time “Wall Street” the movie opened, we had the 1987 market crash right afterwards. Today “Boiler Room” opens, the market tanked again. Coincedence? Is there a crash just round the corner?
Answer: I think CNN is right that the biotechs will boom for the next 5 to 10 years. Many biotech companies already have some products on the market. For example, NEXL has stem cell research equipment (which is part of their product portfolio) that is available to the American, European, and parts of the Asian market.
As for ‘old line’ and ‘new line’ companies; many of these companies have been around for years, but haven’t really had much press or success until recent months/year. As their products come to light, I believe you will find that as a whole the industry will continue to boom as people search for the small ‘diamonds in the rough’. I believe that some of the smaller companies are getting investments due to the hope that their future products will drive the stock price through the roof (kinda sounds elementary doesn’t it).
The higher priced stocks are out of my reach. I am trying to buy more of the smaller stocks since I can own more shares and if their product mix does come to be, then the difference between their current price and their (hopefully) higher future price will be greater.
I’m currently trying to use what little cash I have to build it up high enough to pay off my student loans when I get done with the MBA program I am enrolled in 
So far, I’ve invested for about 2 months and made 101% on my money.
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