Big Biotech Stocks, next big move?

Discussion in 'Stocks' started by zwanatico, Apr 2, 2006.

  1. Hello.

    DNA, AMGN, GENZ are all in support levels. Critical levels based on TA.

    Their fundamentals are excellent. The big guys are accumulating.
    They could start going up, very high, in the next days/weeks.

    What do you think?
  2. Theres more excitement in ELN. Small-Med Biotechs are pushing up ^BTK, not the big ones you refered too. The big ones have been sideways to down since december.


    Agree smaller ones are dong well. SVNT is one I've gotten into again (last year). Was at $3 in October and now $5.33 (that's just under 80% in 6 months and up over 42% since January 1. I both bought some to hold and trade it most every day. They had a mess with restatements last year which knocked it down. Just recently got an approval for a Phase 3 of a drug in development. Management at the company is still weak IMO. Volume can be thin at times. Not recommending anyone to buy or trade it but it's been good to me (I've traded it since 1998).
  4. The attachement shows the strongest and weakest liquid biotechs for the past 50 days.
  5. who knows...