Best quote from one of the greatest investors of our time, Michael Burry:
"I don't believe anything unless I understand it inside out. And even if I understand something, it is not uncommon that I disagree with accepted view (even if it's a Nobel laureate)."
Wall Street Quotes to live by:
Bud Fox- "Hey LOOK! I am SICK and TIRED of playing wet nurse to you all the time! Will you do your own homework, Marv?"
Gordon Gecco- "Don't ever get emotional about a stock"
I live by these quotes and so should you. Do not just believe the hype because you work there. Be a cynic! Do your homework. Look at the underlying issues with the company. Scour the 10k reports from 5 years ago to present. See if the science is really good. Inquire about the product to the FDA and request information under the FOIA! Talk to people in the C-suite and in the scientific department. Get opinions from outside scientists about the product and the data. Talk to over 1000 providers that have ordered the test and ask their opinions. Talk to patients that have taken the test and ask them their opinions. Talk to patients that got a positive result, had a colonoscopy and then the GI found nothing. Talk to people that are on the approval committee at CMS and the MAC's. Talk to former employee about the test. Go on Cafe Pharma and reply to comments and see what information you get. I did all this came to my conclusions on my own, then ran all the information through an algorithm and came to my conclusion. The algorithm is actually less optimist that I am on this company and that is saying something.
Every other short was too early. I am in at the correct time after reviewing all the data I can get my hands on. I am finished with you guys as you have served your purpose. I may re-post after I am proven correct. Make your money selling the product, but I would short the stock if I was you. Good luck suckers!