One biotech’s 80% single-day plunge: A case study for investors

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 24 February 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Biotech Kodiak Sciences (KOD) plunged 80% in one day after a major drug trial setback. In today’s episode, we focus on why this company captivated Wall Street… and what investors can learn from the selloff. [1:45] I’ve been following Kodiak for a while… We once bought and sold it for a gain in . Even recently, the Baker Brothers—some of the best biotech investors—were buying heavily. [3:40] But this week… the Phase 3 study for its most exciting drug missed expectations. [7:50] The situation is a strong example of why investors must pay attention to expectations—both high and low… and be willing to adjust as facts change. [11:00] When expectations are leaning either bullish or bearish, consider the contrarian trade… It’s how you make the biggest gains as an investor. [26:00] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

Transcript

Click on a timestamp to play from that location

0:00.0	Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial
0:06.4	media to bring you unscripted interviews and breaking commentary direct from Wall Street
0:11.5	right to you on mainstream.
0:13.5	It's going out there, it's February 23rd.
0:18.5	No Frank Curzio, host the Wall Street Unplug podcast where I break that headlines and tell
0:27.2	you what's really moving these markets.
0:31.4	Thursday's user reserve interviews took a little bit of break today running around got some
0:35.6	great interviews set up of next couple of weeks, really, really great interviews.
0:39.4	I'll leave you in suspense for now, what are your favorite someone who hasn't been on
0:43.4	for a year who made one of the best calls ever to really go all in on energy.
0:50.4	Those who listen to podcasts probably know who that person is and very, very popular
0:53.9	on social media these days building a great following the guy I like a lot, but today's
1:00.2	podcast is going to be educational and it may be one of the best lessons you could learn.
1:04.6	So I want you to pay attention and I'm not going to bore you and say, this is what you
1:07.6	should do all the time, I just want to try to explain the markets to you.
1:13.1	And what you're going to see today is something that some of the most brilliant, smartest
1:18.1	people in the world that I respect got wrong.
1:21.8	Okay, so this isn't something that you should always do and this works out.
1:25.6	And you know, again, a lot of people like to pat themselves on the back.
1:27.8	It's not that it's not like it's not even that ripping these people apart because I'm not
1:31.8	because I'll have a lot of respect for them and following some of these people have made
1:35.2	me a lot, a lot of money, right, but this one little different.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Frank Curzio, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Frank Curzio and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.