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  • Biotech: The Next Big Bubble? [View article]
    Nova,

    How can you tell if management is honest? What are the things you look for?

    Thanks.
    Jolly Rancher


    On Nov 29 03:00 PM nova wrote:

    > Biotech investing is quite simple:
    > - A company must have a not very corrupt and so-so quality management
    >
    > - Clinical trials data in Ph II and, even better, in Ph III must
    > be solid
    > - Buy these stocks and wait (do not trade)
    >
    > So far, I have succeeded with ABGX, MLNM, IMCL, Biochem Pharma, Gild.
    > The first four were takenover, and the last did very well. But it
    > took 3-7 years.
    >
    > There is very few over-night successes in general. Oncology and HIV
    > are the good areas.
    Dec 01 17:28 pm |Rating: 0 0 |Link to Comment
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