Trade Alert -
Ok it's a painful day and yet another red day in BioLand. But that is when one needs to buy!!!
$DEPO starter here ....again, this seems to be the gift that keeps on giving. $17.70 entry 5% position. I like the trade here in particular the Nov 5th quarterly update. The saga around the HZNP all stock takeover motivates company to beat and raise, which I think they will easily accomplish. I like the entry in the mid 17's
$NEOS - small 3% starter - move to the downside is overdone in my view. PDUFA pushed back to January, recent CEO sale of 9,000 shares is meaningless in my view. I like the bounce opportunity here over the next few days.
$ONTY added $1.65 continuing to build towards a 'solid' position into the SABC conference where more mature data will be presented.
-BioHunter
-BioHunter
Twitter: @TheBio_Hunter
