Seeking Alpha

agelessdjl's  Instablog

agelessdjl
Send Message
15 years investing experience MBA Extensive work with public companies to gain awareness for their company and get their story told to the investment community Owner of several companies
  • Why OXBT Should Be On Your Biotechnology Trading Radar Screen 0 comments
    Jun 21, 2013 12:55 AM | about stocks: OXBT

    Oxygen Biotherapeutics, Inc (Ticker: OXBT) is currently trading at $3.18 a share, we believe OXBT provides an explosive opportunity to play the biotechnology sector with very little risk and major upside.

    Other major players in the Biotechnology sector, including: Celgene, Corp (Ticker: CELG) with a 52-week range of $113.82 to $58.53; Gilead Sciences (Ticker: GILD) with a 52-week range of $58.06 to $24.80; and Amgen (Ticker: AMGN) with a 52-week range of $114.85 - $70.88. All have much higher stock prices than OXBT at the moment, but still show volatility over the year.

    A smart trader can make money with each of these stocks playing the volatility (it's impossible to make money, long or short if a stock does not move either way).

    At present, I believe buying shares in OXBT (with its extremely low market cap of just 6.09 million and favorable FDA ruling) is the smartest way to currently play the Biotechnology sector.

    Oxygen Biotherapeutics Reports Successful Completion of FDA Requested Immunocompetency Studies on Oxycyte®Business Wire(Tue, Jun 18)

    Regardless of what anyone says, the objective of investing in stocks is to make a profit (either buying long or selling short).

    Emotions and certain news can drive stocks to new heights especially in the Biotechnology sector. Just the favorable FDA release caused OXBT to be the 7th biggest gainer on the NASDAQ for June 19. Just like emotions caused OXBT to be sold down from $34.80 a share to its current levels.

    The key to making money in this sector is to watch charts, but also to watch emotions and investor sentiment. Those are two hard to quantify variables but if you can "get a feel" for them you can make a lot of money (especially in volatile sectors).

    Examine the sector your investing in, get a feel for it and what causes volatility and then position yourself to make money based on those factors.

    I personally believe Biotech is one of the best sectors to make money within and that OXBT would be my top choice to watch now as far as taking a long position.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To agelessdjl's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.