Biotech Values

[mcbio]

Re: Notes

Just want to let you know I appreciate you (and Dew) posting notes and ReadMe's! They are a great time saver for doing some DD!

I was just browsing the Array ReadMe and some call notes as the share price seemed attractive... but I think for now I need to keep the 1-800-BIOTECH hotline number close by and be more cautious with biotech's who aren't at/near being cash flow positive (consistently). I don't seem to do well with early stage biotechs and I wouldn't want to jinx you by investing .

Not a problem ghmm! I usually only post conference call notes and other items on the bios I either own or otherwise closely follow and am considering buying in the future.

It's no fun doing the biotechs that are at/near being cash flow positive so that's why I stick to the early stage bios. Maybe I should consider switching it up some day in the interest of sleeping better though. ; ) I think ARRY is ridiculously cheap at this level and, based on my recent addition, I believe it is now my largest bio holding. If you have any faith in management that they will still do deals within the next two months to bring in $80 million to the company, then I think the stock looks like a pretty good risk-reward at its current market cap of about $100 million.

Let me know if you do any DD on CYCC and have any opinions. That is my newest holding and, although I was disappointed to learn that its lead compound was in fact in-licensed, I still think the stock looks interesting at its current $20 million market cap.