Mast Therapeutics, Inc. (MSTX)

[leoncio1]

Adventrx Pharmaceuticals, Inc., (ANX) is trading around $2.85. Adventrx is a biotechnology company, based in California. Shares have traded in a 52 week range between $1.50 to $3.45. The 50 day moving average is $2.49 and the 200 day moving average is $2.28. According to Yahoo Finance, ANX has about $46.5 million in cash and no long term debt. They also have the book value at $1.89. You can see all that data here. Early this year, the U.S. Food and Drug Administration accepted a filing for Exelbine (one of their lead drug candidates), and established a goal date of September 1, 2011 to finish its review of the Exelbine NDA.
Why Adventrx shares could surge higher: Rodman & Renshaw recently raised the price target to $16. The company is expecting an update on its Exelbine NDA around September, which if positive could be a huge catalyst for the shares. If the price target of $16 is reached, investors buying now will gain over 500%.
Palatin Technologies (PTN) has been building a solid base in the 80 to 90 cent range. Palatin is a biotechnology company, based in New Jersey. These shares have traded in a range between 78 cents to $2.70 in the last 52 weeks. The 50 day moving average is 88 cents and the 200 day moving average is $1.14. PTN is developing a diverse range of products for the treatment of sexual dysfunction and other ailments such as congestive heart failure, obesity and metabolic syndrome. Palatin has a partnership agreement with drug giant AstraZeneca (AZN) whereby:
"Palatin is eligible for milestone payments totaling to $145 million, with up to $85 million contingent upon development and regulatory milestones and the balance on achievement of sales targets, together with the payment of royalties on sales of approved products. AstraZeneca assumed responsibility for product commercialization, product discovery and development costs, with both companies contributing scientific expertise in the research collaboration. In addition, Palatin is providing certain research services to AstraZeneca." (Read more about that agreement here).

Although Palatin is not well know amongst most retail investors, famed biotech investors "Deerfield Capital Management" and "BVF, Inc., (Biotechnology Value Fund)" are also heavily invested in this company. You can see that each of these investment companies own a about a 10% stake (for a total of almost 20%) in PTN here. Finally, PTN has at least one more exceptional biotech investor with a major stake of 3,250,000 shares (which is about 9.3% of the company), and that is Jeffrey R. Jay, MD, of Great Point Partners. Jay has an MBA from Harvard as well as an B.A./M.D., (magna cum laude and honors), from Boston University. You can read more about Great Point Partners, and his education and investment experience here. These three very savvy investors are a testament to the tremendous amount of upside in PTN shares.


http://seekingalpha.com/article/276876-5-dirt-cheap-biotech-stocks-poised-to-triple?source=yahoo


Its not a question IF but When bigg rally starts,.
9 weeks till 1 Sept..