Biotech’s are very fun to invest in and can be very profitable if you know how to trade them. Here is what usually occurs prior to a biotech when they are expecting to release news for a Phase III Trial. Most frequently they go up big time. A couple of examples occurring right now are GNVC and DDSS. I have been making very good money investing just this way; one example when I made over 300% was with VVUS. If results are positive I expect over 1000%.
GNVC has a VERY important release coming presumably towards the end of this month (Feb 10) or next month (March 10). Just about six weeks ago GNVC was going for $1.00 a share. Just today GNVC was up over 7%, now that is a great gain for one day. I would expect GNVC to move up to around $3 and higher approaching it’s TNFerade Phase III trial news release. GNVC released some positive news last month regarding TNFerade and Esophageal Cancer. This upcoming phase III trial is for Pancreatic Cancer…which equates to Block Buster, instant soaring in GNVC’s stock price if trial indicates positive news.
At the very least place GNVC on your watch list as the time is finally approaching …GNVC followers have been waiting patiently or impatiently for years for the Phase III Trial for Pancreas Cancer. It’s coming soon! I’m sure you all saw DNDN (Dendreon) stock as it soared from $2 to over $20 in less than a week. We could be seeing GNVC fireworks soon.
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