Biotech Thread

Discussion in 'Trading' started by rowenwood, Jan 26, 2004.

  1. What's going on...is the end of Silicon Valley as we know it. The next big thing ain't computers...it's biotechnology. -Larry Ellison (April 8, 2003)

    If you have good information, tips, resources, or, about biotech investments, please add to this thread.

    Biotech indexes:

    NBI
    BTK

    Stocks I follow:

    AXYX
    ARRY
    DCGN
    PPHM
    INCY
    IDEV
    GENR
    NUVO
    VRA
    MCHM
    PARS
    BCRX


    Some large cap and some profitable biotech companies that are of the most widely held stocks of biotech mutual funds:

    MOGN
    MLMN
    MEDI
    IVGN
    IMCL
    DNA
    BIIB
    GENZ
    AMGN
    ALKS
    CELG
    CEPH
    CHIR
    GILD
    MEDI
    NPSP
    NVS
    PDLI
    SRA

    Biotech Funds:

    FBDIX
    RYOAX
    RABTX
    FBIOX

    Investment sites and newsletters:

    biz.yahoo.com/ic/biotrx.html
    biz.yahoo.com/ic/biotrx_cl_all.html
    bioinvest.com
    investbio.com
     
  2. APHT
    22/28 million shares floating
    7.8 price per share/ 16.5 target
    2 phase 3 drug trials
    big partners

    DEPO
    15.9/ 33 million shares floating
    7.44 price per share/ 9.4 target
    2 phase 3 drug trials
    big partners
    2 fda approved products

    TTP
    28/28.88 million shares floating
    4 price per share/ 9 target
    2 phase 3 drug trials
    big partners

    CRXA
    45/55 million shares floating
    5.9 price per share/ 10.5 target price
    5 phase 3 drug trials
    big partners
    3 fda approved partners

    I spent the weekend sorting through the 308 biotech companies with prices between the range of 3 and 9. These seem to be the best. I'm buying these like a maniac tomorrow. I don't recommend day trading, these stocks are good for long positions.