I cannot believe my eyes, SPEX is parabolic to the upside, as well as a half dozen small cap biotechs. I’ve purposely avoided this space, due to my handicap in the field of medicine. However and apparently, none of that is needed in order to become a very successful biotech investor. People who’ve delved into this space have gotten rich, very rich.
Nonetheless, the runs will continue, as the Baby Boomers (the worst generation since the dark ages) die on an industrial scale.
There are several that I am eyeballing and have requested the assistance of some people that I know in the medical profession. On the larger cap front, GILD seems to be the preferred stock, especially since their new HVC drug is likely to be approved this year.
If you have any small biotechs worth a look, let me know–as I am new and inexperienced in the space.
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MDXG
CUR
DARA
IMUC (long from 2.00) and INO (long from 55 cents). I have both in long term accounts from awhile ago, but I just recently sold them from my swing account, before these crazy moves. I owned ACAD last year at 1.50 and sold at 6.00 (look at that thing now) and the price action in IMUC seems extremely similar. I think Maxim has a price target for IMUC of 18.
Also, look at Zenhunter. He’s typically all over these both technically and fundamentally.
Thanks tpain for the kind observation.
Yes, today is a good chance to buy some $BIOD to take advantage of the correction. I sold this morning to take profit and bought back not long ago for the bounce.
I’m already loaded on $INO.and I’m holding for much more.
I added more $ONVO today.
I’m looking to buy $PACB on any pullback.
I also have $ONCS (OTC-BB)
Without saying, I still have my $AMRN core position.
What is your target for ONVO ? Thanks.
There should be at least a double from here now that the dilution is out of the way. Take a look at both $XONE and $PRLB; they both have more than doubled already.
Good luck.
Thanks Zen !
STEM has the story and still inexpensive
SNTA
Isn’t ONVO the best of both worlds? 3-D printing and biotechnology?
Hate the babyboomers.
spex is not a biotech. its an intelectual property stock.
NNVC
I own PACB, love anything linked to genetics.
Great call on $PACB! Too bad I didn’t join you when you alerted us on it.
Cheers!
unis, sqnm big short positons
CRIS
YELP is getting hammered today FLY
it was up over $15 in a few trading days. had to pull back eventually.
Sell it
KERX and ONCY
liking INO’s current run
forgot CNDO
SNTS
LGND had good run, resting
ACAD
STML stemline
AVNR
Recent IPO. EPZM
Can we see some more shitty logos, please?
AEGR
I am holding my Biotech Lottery Tix, GIVN..they report on Aug 7 and have been soooooo close to getting USA FDA approval on the Colon Cam….This is to allow Baby Boomers to swallow a pill vs getting stuck up their asses. Colon Cam will be a “Secondary” devise for people that really can’t take things up their ass. But in recent trial it found a flat growth that even a traditional Colonoscopy missed. Just an idea fwiw.
BTW, I use to love to follow biotech…if I wasn’t FOLLOW this stupid Bubble since 2009,..I would be all over that request. FWIW, This bubble should be burst soon, so I can go back to Fundies..No Clam Juice Left around the world.
dvax
Pray tell why they are called ‘burritos.’
I would search for the answer myself, but the search function seems to have been a casualty of the latest update, and though it might be instructive and entertaining, I don’t have the time to go through all the old posts.
If I’ve missed the search function, curse at me and then point me to it and I will let you get back to making millions.
http://ibankcoin.com/spyder_crusher/ibankcoincom-dictionary/
$ONTX – low float, lot of insider buys.
SGEN
You may find my white paper “Biotechnology: The Black Swan Industry” interesting:
http://www.schenleypa.com/#!biotechnology-the-black-swan-industry/csx8