RiverBabe's Baby Biotechs

[riverbabe]

Good luck billy. Let us know how you do.

[billyjoe]

River,
We've got our order in but now the Frist family, owners of 19% of HCA say they don't want to sell much. IPO has been reduced by 500 million. Broker doesn't know exactly how many shares they'll have for sale. Reminds me of when Kirk Kerkiorian offered to buy out F employees at something like $5/share. So many agreed that he couldn't or didn't want to buy. He bailed and lost a billion or 2. My brother was fortunate as he was forced to keep what led to profits of many thousands. In this case I wish the best for the Frists just so we can get a piece of the pie.

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

[riverbabe]

billy HCA

http://dealbook.nytimes.com/

HCA Buyout Proves a Boon to Investors The players that took the hospital giant private in 2006 - Bain Capital, Kohlberg Kravis Roberts, Merrill Lynch and members of the founding Frist clan - stand to make nearly $3 billion from the deal. HCA has filed to go public again in a $4 billion initial offering, the biggest ever by a private equity-owned company.

The 2006 deal, struck at the height of the buyout boom, shows exceptional, or exceptionally fortunate, timing by the company's current owners.

http://online.wsj.com/article/SB10001424052748703752404576178822993269138.html

http://www.bloomberg.com/news/2011-03-04/hca-returning-three-times-cost-shows-timing-the-market-trumps-overhauls.html

[billyjoe]

River,

Duh! I never connected HCA with Bill Frist. My old brain had forgotten about him. Had he been from Ohio I'd have remembered. HCA IPO is scheduled for week of March 7th. Estimate is $27-$30. Beth will be getting in semi- big time unless something changes in the next week. Someday these hospital and pharma stocks will pay off. Probably just in time to pay for adjoining beds in the home for our golden years.

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

[riverbabe]

River,
I can get in on the HCA IPO. Any thoughts?


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

Is your name Billyjoe Frist??? http://en.wikipedia.org/wiki/Hospita...ion_of_America

This link doesn't seem to pull any punches. I haven't heard anything about the IPO except that KKR and Bain Capital aren't bad names to be buying from. I'll let you know if Barron's has something over the weekend.

[billyjoe]

River,
I can get in on the HCA IPO. Any thoughts?


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

[Louetta]

Here is an interesting article from a source I am familiar with: http://biotechinvestmentparadigm.com/?p=954
FWIW, here's another one: http://investorshub.advfn.com/boards...e_id=59379471#
I'll try to some more looking at this one. No time today.

Those are great. Thank you.

[riverbabe]

Another one I'm interested in is CORT. I see them as similar to AMRN, new drug(s) near (hopefully) approval. They have recently completed a stock offering to fund research and commercialization activities so the offering is in the stock price. May calls at $2.50 sell with little premium which looks like a good buy but is actually a bit suspicious methinks.

Here is an interesting article from a source I am familiar with: http://biotechinvestmentparadigm.com/?p=954
FWIW, here's another one: http://investorshub.advfn.com/boards...e_id=59379471#
I'll try to some more looking at this one. No time today.

[Louetta]

Another one I'm interested in is CORT. I see them as similar to AMRN, new drug(s) near (hopefully) approval. They have recently completed a stock offering to fund research and commercialization activities so the offering is in the stock price. May calls at $2.50 sell with little premium which looks like a good buy but is actually a bit suspicious methinks.

[Louetta]

Seems to be an IBD favorite and was a wall street darling until the FDA shot them down. Your question is a good one, echoed by a zoo board enthusiast on 2/16: "Left this stock after FDA shot them down, what made them double since? Looking for both bull and bear cases. Pls more than pos/go jazz if youd be so kind. Thanks in advance." No replies yet.
Have done a little looking at my favorite sites, but no answers I could see. Maybe a takeover candidate, according to Barron's in January. Other than that, no big explanation. P.S., you do know where the word "jazz" came from, as in the music "jass", as in "jass me baby." Don't get jassed, Lou. LOL

snip

Hee

One explanation I heard is as follows. The FDA said the new JAZZ drug is safe and efficacious for use by fibromylagia patients. It was rejected because of it's possible use as a date rape drug. Evidently, however, JAZZ has another drug which is very similar to the new one and it is thought that doctors will prescribe this other drug for fibromylagia. I gather this is quite legal, there is even a name for the practice of using a drug for another application. So, JAZZ will make money anyway.

I guess also it seems likely some sort of regimen can be devised for use of the drug which will will satisfy the date rape concerns. Narcotics and anabolic steroids can be dispensed under proper control so why not this. Who knows.

[riverbabe]

Thank you for your input. In truth they are losing money which makes it more interesting to try to decipher what's going on. Another interesting case methinks is JAZZ. The FDA declined to approve in early October their JZP-6 drug for fibromylagia and the stock has done nothing but go up since then. (About $10 to about $23.) I sold at $15 because I could see no reason for further increase. Whoops.

Seems to be an IBD favorite and was a wall street darling until the FDA shot them down. Your question is a good one, echoed by a zoo board enthusiast on 2/16: "Left this stock after FDA shot them down, what made them double since? Looking for both bull and bear cases. Pls more than pos/go jazz if youd be so kind. Thanks in advance." No replies yet.
Have done a little looking at my favorite sites, but no answers I could see. Maybe a takeover candidate, according to Barron's in January. Other than that, no big explanation. P.S., you do know where the word "jazz" came from, as in the music "jass", as in "jass me baby." Don't get jassed, Lou. LOL

Association with sex: The association of jazz with sex is early and extensive. The Historical Dictionary of American Slang (1997) cites explicit sexual meanings from 1918 and says that this was probably the original sense. However, it now seems difficult to reconcile a prior, widely recognized sexual meaning of jazz with the known word history described above. Professor Gerald Cohen of Missouri University of Science and Technology, who has done a great deal of work on the word's history, in 2001 offered a $100 reward for any provable musical or sexual use of jazz from before 1913, an offer that still stands[citation needed].

Vet Boswell of the Boswell Sisters said she remembered when "jazz" was not a word fit to be uttered in polite company[citation needed]. Ray Lopez of Tom Brown's 1915 band recalled he and his fellow musicians assumed that the word "jass" or "jazz" was too improper to be printed in newspapers so they looked in a dictionary for similar words like "jade"; rediscovered newspaper advertisements from the era for Brown's "Jad Band" or "Jab Band" are suggestive of confirmation of this account[citation needed].

Jazz is said to be a variation of the word "jism," because it was originally performed by horn players to entertain johns in the whorehouses of Storyville, the notorious red-light district of New Orleans. It was what was playing downstairs when one lost that last shred of innocence. Trombonist Clay Smith was rumored to have said, "If the truth were known about the origin of the word 'jazz,' it would never be mentioned in polite company."[citation needed] http://en.wikipedia.org/wiki/Jazz_(word)

There's your spice for the day guys and gals. Just livened up this forum. Hee

[Louetta]

Gotta hand it to you. This is one I hadn't heard about before. It's not exactly a "baby biotech" but a medical device/aesthetics company. No guys, it has nothing to do with anaesthetics, but everything to do with looking younger.

I think the runup might be preceding 2010 earnings on 2/22. Volume way above average daily. Interesting. I'm not a good balance sheet reader but aren't they actually losing money on paper? Thanks for mentioning it!

Thank you for your input. In truth they are losing money which makes it more interesting to try to decipher what's going on. Another interesting case methinks is JAZZ. The FDA declined to approve in early October their JZP-6 drug for fibromylagia and the stock has done nothing but go up since then. (About $10 to about $23.) I sold at $15 because I could see no reason for further increase. Whoops.

[IIC]

I am indeed back. Even bought one of our fearless leaders picks a week or so ago. 'Fraid I'm not in academia any more, failed the PhD qualifiers. They fiinally figured out I only got into college because I could swim. Thank you for asking. How are you?

I'm Super Duper...After being laid off for a year and just day trading which went well I went back to work w/ my old company on 12/1...Moved from LA to Sacramento which actually is pretty nice altho Forbes rated it # 5 on the Misery Index. Unemployment very high here (Worst employment gain of 36 metro areas last year...Actually it was -2.2% as I recall)...Basketball team stinks...But people are generally nicer than in LA and it is really cheap.

Thanks, Doug

[riverbabe]

SLTM is one I think is interesting. They seem to have a couple of new products and the stock has moved recently.

Gotta hand it to you. This is one I hadn't heard about before. It's not exactly a "baby biotech" but a medical device/aesthetics company. No guys, it has nothing to do with anaesthetics, but everything to do with looking younger.

I think the runup might be preceding 2010 earnings on 2/22. Volume way above average daily. Interesting. I'm not a good balance sheet reader but aren't they actually losing money on paper? Thanks for mentioning it!

[Louetta]

SLTM is one I think is interesting. They seem to have a couple of new products and the stock has moved recently.