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BioMed Reports

biomedreports.com/..
Category: Websites
BioMedReports.com is the news portal which covers Wall Street's biomedical sector and delivers financial and investment intelligence to a community of highly informed investors has Healthcare stock news and updates to its calendar database of Clinical Trials and upcoming FDA approvals & decisions.
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Great website! For THEM
This website is great if you want to put your money at risk. I still remember when they promote really bad Positron corporation through emails and sms saying that a big partnership was coming. The stock went up at least 20 cents per share reaching the .30/ .31. Positron went to Nasdaq to announce their big partnership and guess what? Nothing happened and the stock went back down to 10 cents per share in a matter of minutes. This is just one of the examples why I do not believe in BioMed Reports

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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IgnacioLucero Ada, Oklahoma

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Pump city!
Pump and crash. Pump and crash. No stocks they ever watch get FDA approval and most of the companies turn out to be suspected scams.

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Mr_Chow Los Angeles, California

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Great Content & Easy Navigation
BioMed Reports provides information on biotech and healthcare sectors of the stock market.

Here is what is good on their site:

- clean layout and easy to navigate

- great information with sources and easy to read formats

- lots of ways to sign-up for information as it comes (email, twitters)

- the information is based on analysis and less on guessing

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Pathetic picks !!!
I subscribed for a yearly membership and got burned a lot. Really horrible picks and 96% losers. Their picks are up for like 2hrs after their alert or may be a day and then it blows on your face.

Biorunup has a better FDA calendar and it is free. Please do not follow these guys.

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5 of 5 people have found this review helpful.
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Chenthilan Ballwin, MO

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The hit and run
these guys post research articles and alerts. Sometimes the same stuff on the same stock mulitple times after a period of months as everyone forgets. They'll run up stocks like PSID which will trade 20k shares one day then all of the sudden just out of nowhere has 1 million. It gets people excited more peope jump in it then all of the sudden the next day it all dies. You can make money of them if you can run with thse alerts but if your not a pro your going to get burned.

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4 of 4 people have found this review helpful.
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Ryannellis129 birmingham, al

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good for the calendar but don't follow their recommendations
i invested in some of their editorialized ideas and was very disappointed. biomedical/pharmaceutical business is pretty tough on investors because success depends on factors that are difficult for non-FDA people to assess, the FDA calendar is often very murky. worse, some companies put out fakey info to drive up the price. potential investors can't tell whether there is a trial planned or in progress, they can't tell if a company has filed for FDA anything.

i had hoped biomed reports would help me sort through that. instead, i found that they were as much in the dark about that stuff as i was.

BUT, the only thing i really liked about biomed reports is their FDA calendar.

because of the aforementioned opinion, i decided to cancel my subscription.

i have not found another good pharmaceutical database, but oh well.

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Don't trust them too much
Tim Sykes taught me to take everything these guys publish with a grain of salt. When they talk about the next big pharma company, I do research of my own and it normally contradicts everything they have to say about it. Tim is right to not believe most things they have to say. While everyone is due their own respect, they can sometimes pick winners. They say long, I say short. Let's battle!

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Tommy_Kurtz Hickory Tree, NC

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Worst track record
In long term period they have the worst track record with their pick. Usually they attract investors by buyout rumors. Look at their last picks: VRML was suggested to take long position on Aug 17 at 6.50ish per share and several articles covering POSC to encourage investors to take long position on Apr. Look have they performing now and draw up your own conclusion.

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Pump and Dump Garbage
This site is the worst site ever for investment ideas, they are ur classic pump and dump scam artists. Now i just use there site for some short ideas.

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Prince8686 philadelphia, PA

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New Pump and Dump Site
We all know that FDA approvals or denials of key biomed companies generate $$ on the long or short side, reason why you'd assume it is a good site. For some reason, it was a great source of information a little time ago. Now, it's garbage...why? Not sure...don't bother

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4 of 4 people have found this review helpful.
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Relaaax Chicago, IL

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Displaying 1-10 of 22 Total Reviews
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