InTheMoneyStocks'  Instablog

InTheMoneyStocks
Send Message
  • Small Cap Biotech Hot Again: How To Play It 0 comments
    Apr 22, 2013 1:00 PM | about stocks: AMGN

    Biotech has been a hot area in this market. Whether large cap or small cap, Wall Street and Main Street have watched as biotech companies have surged. This is partly due to the safety of drug stocks, along with the optimism of future drugs. Large cap biotech Amgen, Inc. (NASDAQ:AMGN) continues to trade near its all time highs at $112.54, +1.16 (1.04%).

    Today we are seeing many small cap biotech stocks surging dramatically higher. Anytime this is seen, former runners must be put on high alert as they could take off at any minute. Today, stocks like Catalyst Pharmaceutical Partners, Inc. (NASDAQ:CPRX), Arca Biopharma Inc (NASDAQ:ABIO), Opexa Therapeutics Inc (NASDAQ:OPXA) are all jumping higher.

    Any small cap biotech stock that ran a huge amount in the last few months and has pulled back significantly without negative news is a possible play. They should all be on your watchlist. Some former runners include CombiMatrix Corporation (NASDAQ:CBMX), OXiGENE Inc (NASDAQ:OXGN), Rosetta Genomics Ltd. (NYSE:USA) (NASDAQ:ROSG). I am in the process of slowly accumulating some Rosetta Genomics as a swing trade long in the $3.00-$3.20 area.

    Gareth Soloway
    InTheMoneyStocks.com

    (click to enlarge)

    Stocks: AMGN
Back To InTheMoneyStocks' 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

StockTalks

  • And he just closed out another one, $DUST for +7.55% in the Research Center... inthemoneystocks.com/investor.
    Jul 20, 2016
  • Gareth sold his $JDST in the Research Center here: http://bit.ly/ActiveInvestor. Profit earned = +12.5%. Congrats members!
    Jul 20, 2016
  • $IWM negative already on the day. Small cap warning signal?
    Jul 20, 2016
More »

Latest Comments


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.