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re: Portfolio Percentage of Mututal Funds vs Stocks
Posted on 9/13/12 at 3:06 pm to lighter345
Posted on 9/13/12 at 3:06 pm to lighter345
quote:
SNTS
what are your thoughts for this one?
going intense google search now!
1
Posted on 9/13/12 at 3:47 pm to donRANDOMnumbers
Two words: Travelers Diarrhea
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
Haha but seriously, one of their drugs just passed Phase III testing which has caused the stock to go to all time highs, a lot of "experts" have it a strong buy. That is the thing with these Biotechs is one hold up with the FDA and it can all come crumbling down.
Combined with winning their appeal against Par Pharm who was selling a generic version of their heartburn drug on faulty patents. They have rights to that drug until 2016.
I buy stuff like this when I have some extra cash and don't count on them like I would an Exxon or Walmart stock that I am going to have for years to come.
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