biotech is HOT!

Discussion in 'Trading' started by bat1, Sep 30, 2012.

  1. bat1

    bat1

    Anyone watching and playing the biotech sector?

    most are up over 200% in the last few months


    HEB

    SVNT

    APDN

    APPY


    WOW!!

    Don't miss the run......
     
  2. Ash1972

    Ash1972

    You mean who's gonna go short??
     
  3. Yes, bio seems to be where the money is right now. But I would stay away from the pennies.

    ARIA, ASTX, CLSN, XNPT.
     
  4. Is short the only way to make bank?
     
  5. Huge potential but they can kill you if test results come back negative, FDA rejects the new drug, etc.

    Many of these run on speculation of pending approval. It doesn't always work out........

    :eek:

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  6. gimp570

    gimp570

    Yes biotech is fun. Nothing goes up like a biotech that gets a drug threw, but the down side is huge.
    Just look what they are doing to AFFY today.
    Biotech stock can change your lifestyle in 2 ways both good and bad.
     
  7. gimp570

    gimp570

    Yes biotech is fun. Nothing goes up like a biotech that gets a drug threw, but the down side is huge.
    Just look what they are doing to AFFY today.
    Biotech stock can change your lifestyle in 2 ways both good and bad.
    I guess if you buy this one here you do know your downside
    2.50
     
  8. Gap of death!

    :eek:
     
  9. gimp570

    gimp570

    I bet you are right!
    But it is interesting. I have seen plenty of times when they bounce back. Any news would be a big % pop.
    But BK is the likely outcome for AFFY
     
  10. Waiting for the dead cat bounce. Looks more like a dead watermelon.

    :D

    [​IMG]
     
    #10     Feb 26, 2013