It's not even worth investing in these little POS stocks. 2nd and 3rd tier stocks is where Wall Street creams the dreamer investors. So should I give back all the money I make on them and go to all mutual funds?
Just because you can't figure it out, does not mean others have not. You just got to know how to find the right companies, have a plan for investing in them, and the discipline to execute that plan.
Twenty-eight years ago, when I first started investing in these types of companies, I would have 3-4 failures for every 10 I bought. Over the years, as my DD and skills have gotten better, I have reduced that to 1 or 2 losers for every 10 I buy. Most I make 25-50%, overall. But I make +100% on many.
Then there are the "grandslams" - Jazz Pharmaceuticals (JAZZ) buyout of Celator (CPXX) for $1.6B, Mallinckrodt (MNK) acquires Questcor (QCOR) for $5.6 billion, and last weekend we saw IMMU get bought-out by Gilead for $21B. If you go over to the IMMU board on Silicon Investor, you can read about some of the investors there who are talking about "life changing money" they will make on that deal. It will be my largest profit of all, in 28 years of investing in biotech.
So there is money to be made here, in CRMD, like any stock sector, if you just know how to play it. I have a profit here already. I'll make much more as it continues to move up.