Biotech Values

[biocqr]

AGTC > starts trading on Thurs. Rock solid analysis from SA...

Avoid Applied Genetic Technologies IPO
http://seekingalpha.com/article/2110023-avoid-applied-genetic-technologies-ipo

Conclusion
We plan to avoid this IPO.

There's no guarantee that AGTC's products will receive FDA approval, and the firm is a long way from commercializing products for any of the diseases that it currently is working on.

We also believe that recent media coverage of a possible biotech bubble-correct or otherwise-could lead investors to be leery of this stock.