- Joined
- Sep 18, 2013
- Messages
- 29
- Reaction score
- 71
The analogy to a penny stock is hyperbole. Sure, maybe rad onc was in a bubble 10 or 15 years ago when it was IMRT full steam ahead for 44 fractions, take no prisoners, but I reject the analogy that we are trading at <$1 currently. Also, I do not "tell" students to go into radiation oncology. I advise them on the potential pros and cons and encourage them to take time to carefully reflect on their personal and professional priorities before making a specialty decision. I also encourage them to speak to docs in other specialties and consider lots of options before settling on rad onc if it's right for them.
I agree that maybe a bit of hyperbole to equate RadOnc as a penny stock. I would say a more appropriate analogy would be to a battered retail stock trading at 25% of all time highs. Many people think RadOnc is on the inevitable march towards bankruptcy, becoming JCPenney's over the next few years. Others, such as yourself, think that this is the beginning of a turnaround story and a good time to get in. The problem is that to turnaround any company, you need 2 key components: 1) a plan that investors believe in 2) faith in the management to execute the plan. I think the problem with our specialty, is that we don't have either of these components in place.