RiverBabe's Baby Biotechs

[billyjoe]

River, Amgen bought deCode. A friend of mine is a pilot out of Dallas. He married an Icelandic girl. Must have been quite a weather shock. She told me an Icelander is not allowed to take any possessions out of the country. This was 30 years ago. Also the Icelandic language is one of the most difficult to learn. Saw a story about a savant that learned the language in a week or less. Experts said it was impossible.

----------------billy

[riverbabe]

Billy, didn't know this. Have definitely heard of deCode though. Didn't they just get bought out, or something? Here's some trivia for you. When I visited Iceland I was amazed to see that their telephone book listings are by FIRST name! So, Solveig would be listed under S as Solveig Karadottir (Kara's daughter) or as Solveig Johannsdottir(?) and her brother (if she had one) would be listed under G as Gustav Johansson(?) or Gustav Karasson(?). Go figure!

[billyjoe]

River, This could be classified as obscure trivia but I think you'll find it interesting. I was listening to songs on youtube and somehow was linked to music from Dani Harrison, lookalike son of George. Most people don't realize that young Harrison is an intellectual powerhouse. He has a degree from Brown University in Physics and Industrial Design and worked as an aerodynamicist before deciding to devote most of his time to music. His connection to biotechnology is his marriage to Solveig Karadottir, daughter of Kari Stefansson, Icelandic founder of deCode genetics, now owned by Amgen. Maybe you already knew this , but it is news to me.


---------------------billy

Young Harrison was feeling good about himself and while talking with his father George, said " I'm 23 and just got my degree. What were you doing at 23" George thought for awhile then said " I'd just completed Sgt. Pepper, my 8th album with the Beatles" Dani said he just dropped his head.

[Massimo]

Thanks for the response Riverbabe....

I am playing this one in the short term with the anticipation of investors coming into this play with the upcoming ADCOM meeting.

Not pumping, I look for bottom bouncer plays.
Sometimes they work (look at Pure today) and sometimes they don't(NAVB)
for me.

Cheers!

[riverbabe]

Hello RiverBabe,

I am not sure if you have followed HEB recently, but if you have, I would
appreciate your thoughts on it in the short term please.

Cheers!

Risky risky, this one. FDA doesn't like Ampligen so far, so what have they done to improve chances? Apparently not very much. Did an ATM stock offering @ 0.92, (http://www.thestreet.com/story/11730...-red-flag.html) Lots of day/swing trading in past week or two. Currently @ 0.70. Not my cup of tea, so can't recommend it, sorry.

[Massimo]

Heb

Hello RiverBabe,

I am not sure if you have followed HEB recently, but if you have, I would
appreciate your thoughts on it in the short term please.

Cheers!

[edward]

Thanks! Hope you're enjoying a good excuse for turkey and all the fixin's too!

[riverbabe]

Hey River!
What do you think of OraSure? Interesting story - the company produces over-the-shelf HIV test kits currently being distributed to all the major retailers. They're also into at-home testing for DNA and Hep-C. The CEO was on Kramer a few nights ago. A quick look at the chart makes me wonder if there isn't some significant upside to be had over the next few months. Looking forward to your comments.

Happy Thanksgiving!

[riverbabe]

I traded SRPT last week...Doug

Good trade last week. Good news data.

[IIC]

I traded SRPT last week...Doug

[riverbabe]

Hey River!
What do you think of OraSure? Interesting story - the company produces over-the-shelf HIV test kits currently being distributed to all the major retailers. They're also into at-home testing for DNA and Hep-C. The CEO was on Kramer a few nights ago. A quick look at the chart makes me wonder if there isn't some significant upside to be had over the next few months. Looking forward to your comments.

I owned OSUR at least 10 years ago when they first announced their in-home HIV test. They finally got FDA approval in July 2012, only 10 years later! Anyway, they have apparently shipped product to CVS, RiteAID, Walgreen's, Kroger, & WalMart distributers for them to then distribute to some 30,000 retail stores. Launch was expected by 10/1, but is now postponed to around 10/15. I think it's a good buy here looking for a run-up to the launch. Should get a nice pop to sell into. But beware massive insider selling into it too. Very short-term here, but worth a longer term buy on the inevitable pull-back from the launch pop.

[edward]

Hey River!
What do you think of OraSure? Interesting story - the company produces over-the-shelf HIV test kits currently being distributed to all the major retailers. They're also into at-home testing for DNA and Hep-C. The CEO was on Kramer a few nights ago. A quick look at the chart makes me wonder if there isn't some significant upside to be had over the next few months. Looking forward to your comments.

[riverbabe]

Thank you Dog, feel better now, for better or worse. And Waterloo is the home of Oktoberfest. we are all German. My ancestors since 1839. We are proud. I should send you copies of my family history books I have written, listed on Amazon.

[Deaddog]

I have to admit that you are the only person who can strike the fear of God into me and leave me sleepless. You know I am talking about AMRN. Yours truly, your fellow Canadian (dual citizen) from Waterloo, Ontario.

RB: I’m sorry, I don’t mean to put the fear of anything in anyone. If you’d prefer I’ll shut up.

I approach every trade looking for what could possibly go wrong. I look at how much money I could lose rather than how much I can make. Most of my losing trades I consider successful because I followed my plan and didn’t let my losses get away from me. Back to the wall and keeping an eye on all the exits.

Biotechs aren’t my field. Sound like a coin toss to me. If the news is good I win a bundle and if it isn’t I lose my bet. I’d rather go to Vegas and play blackjack. At least I get free drinks. Hey I love a good gamble but I definitely keep my bets down to my comfort level.

Who knows; the price action right now could just be shaking out the weak hands before the price runs up. Look like support around 11 bucks. Could have a few good days before the end of the quarter as the fund managers do a little window dressing.

Every trade has two sides, the guy who thinks the price is overvalued and the girl who thinks it’s undervalued. One of then happens to be wrong. Chances are it’s the guy cause I’ve never known a woman to be wrong.

I have no clue what’s going to happen. The only thing I can control is how I react to what the market does. I’m still learning.

Last piece if advice; Don’t listen to some anonymous old dog on the internet. You have your own style of investing, your own well thought out plan and if it works for you then stick to it.

Ontario?? Isn't that one of those provinces on the wrong side of the Rockies?

[riverbabe]

Amrn

OK, I was right about Reliant Pharma, Lovaza, and Joe Z. launching it as COO before the buyout by GSK. He is now CEO of Amarin.

http://www.gsk.com/media/pressreleases/2007/2007_11_21_GSK1147.htm

http://www.reuters.com/finance/stocks/officerProfile?symbol=AMRN.O&officerId=1422642