11/18
Added Dendreon (DNDN) at $8.00 level.IBB is preferred biotech ETF.
11/15/11
Comments:
Under review: ImmunoGen (IMGN)
Dropped FBT an ETF in favor of IBB or possibly XBI. For bullish equity allocation in Tech and Biotech use QQQ.
6/20/11 NASDAQ (2632) Market stabilizing after 7% correction.QQQ down <1%. IBB up 10% YTD.
Mid-cap biopharms are up 1.6% as of mid-day.
6/6/11 ASCO “sell on the news effect” continues.No new buys. Cash at 10-15%.
4/28/11: Take some profits. Biotech sector is very frothy and meteoric moves suggests caution. Raise a little cash from EXEL,CEPH, REGN and ETF’s.
Comments:
- Albany Molecular (AMRI) is a turn-around play for 2011. Deleted weak performance.
- Targacept (TRGT) stock has stalled over the past several months.
- The Cephalon CEPH) buyout offer from Valeant (VRX) is pending.
- Micromet (MITI) and Nektar (NKTR)have underperformed and are under review.
2010 | Price | Original | P | Price | % Ret | Price | Comment | |
7/2/10 | Recomm | YrEnd’10 | 2010 | 4/4/11 | ||||
Alexion | ALXN | 50.45 | 2/2/09 | 35 | 80.55 | 130 | 100.79 | |
Albany Molec | AMRI | 2/10/11 | 4.7 | delete | 4.32 | Turnaround | ||
Ardea Biosci | RDEA | 19.5 | 2/2/09 | 12 | 26 | 117 | 28.75 | |
Amgen | AMGN | 51.7 | 2/2/09 | 55 | 54.9 | 0 | 54 | |
Biogen | BIIB | 49.42 | 2/2/09 | 49 | 67.05 | 37 | 73.25 | |
Cephalon | CEPH | 55.95 | 2/2/09 | 77 | 61.72 | -19 | 76.92 | Acquired |
Cubist | CBST | 20.7 | 2/2/09 | 22 | 21.4 | -3 | 28.35 | |
Exelixis | EXEL | 9/2/10 | 3.3 | 8.21 | 148 | 11.12 | ||
First Trust ETF | FBT | 30.4 | 4/15/10 | 38 | 39.11 | 3 | 41.3 | Use IBB |
Gilead | GILD | 34.9 | 2/2/09 | 51 | 36.24 | -29 | 42.81 | |
iShares ETF | IBB | 76.6 | 2/2/09 | 71 | 93.42 | 32 | 101.14 | |
Micromet | MITI | 6.28 | 2/2/09 | 4 | 8.12 | 103 | 5.46 | Weak |
Nektar | NKTR | 11.6 | 4/15/10 | 15 | 12.85 | -14 | 9.3 | Weak |
Optimer | OPTR | 2/18/11 | 12 | added | 13.8 | New | ||
Regeneron | REGN | 21.6 | 2/2/09 | 18 | 32.83 | 82 | 45.43 | |
Seattle Genom. | SGEN | 11.85 | 2/2/09 | 9.5 | 14.95 | 57 | 15.72 | Sold off |
Supergen | SUPG | 2 | 2/2/09 | 2.3 | 2.62 | 14 | 3.15 | Merged (ASTX) |
Targacept | TRGT | 19.42 | 2/2/09 | 2.2 | 26.5 | 1104 | 26.46 | Sold off |
United Rx | UTHR | 48.7 | 2/2/09 | 34 | 63.22 | 86 | 68.14 | |
ViroPharma | VPHM | 10.88 | 2/2/09 | 12 | 17.32 | 44 | 20.05 | |