Last year, I was a completely unknown fellow on SeekingAlpha. Somehow, I got onto SeekingAlpha’s Marketplace system. By the time I was banished from their site for overwriting my pen name onto my own degree in order to protect my identity, I had 400 subscribers between my two services, and ranked top on the Marketplace.
There are some guys who produce a bunch of lightweight articles with a copy pasted company overview, some basic company fundamentals, and analyst ratings. Let me ask you: how do you understand a biotech company from all that?
Then there are some who are stock promoters. I considered hard about being frank or doing a disservice to my readers by telling them all is good with the competition. Frankness won out, because if someone writes a lightweight article on known stock promotions and I tell you that’s fine, then you lose a bunch of money. How do I know these are promotions? – because, being the most popular biotech writer on SeekingAlpha, I had been approached by all these companies, or their cohorts, to promote them.
This isn’t false humility; this is the truth. Sue me or buy me, don’t ignore me for telling the truth.