Replies to post #88468 on Biotech Values

[postman]

(Mathematically, these rules imply that every contestant’s portfolio ought to consist of exactly four stocks with a 20% weight and four stocks with a 5% weight, although most contestants use a different allocation scheme.)

Will you please explain the logic behind this statement?

[gfp927z]

Dew, Thanks. I see Bioform just got bought by Merz today, so you're on a roll already. Nice call :o) I had been following Bioform since seeing it on your favorites list a while back.

BTW, I know you aren't into TA/technical analysis, but Momenta is currently trying to break out of a bullish ascending triangle formation. If it can test/hold and move up from the 12-12.50 area, the intermediate upside looks to be in the 18.50 range, based on TA that is. Of course in bio the fundamentals will ultimately prevail.


My current favorite (for Q1-2010) is AP Pharma (APPA), with a PDUFA date in mid-March. The pre-PDUFA runup has started, and it looks like an excellent chance for approval (505 b-2). Still largely under the radar, but starting to heat up.

[MotionMan]

Dew- just wondering why ARRY isnt one of your top picks for 2010. Are you still bullish on them?