Biotechs - Are they the flavour for 2007?

[Snakey]

Since the start of the year quite a few biotech companies have taken off NAL, BPO, SOM, PNO just to name a few. Whats going on and has any one have any ideas why this is happening? Last year alot of Biotechs got hammered as the money went across to mining. Now there alot of over inflated mining stocks and some very cheap bio stocks. Any thoughts????

 

[mb1]

Re: Biotechs - Are they the flavour for 2007

Yes agree. Looking very promising.

NAL two announcements today regarding patents.

 

[Ken]

Re: Biotechs - Are they the flavour for 2007

BTC-

if you dont think you can pick a winner invest in a company that has some spread.

 

[Joe Blow]

Re: Biotechs - Are they the flavour for 2007

I sincerely hope that this thread is not going to become a vehicle for every man and his dog to ramp their favourite biotech stock.

 

[mb1]

Not at all.
the bio tech is early stages of becoming exciting

 

[Snakey]

Not at all.
the bio tech is early stages of becoming exciting

I agree
Is there any mining people that are concentrating on biotechs now?
I know a few yuppies in the know are talking are talking about this subject.
dotcoms.....minners....biotechs?????

 

[Novski]

Snakey, are you seeing how it comes off the tongue or what kind of tune it brings to the ear...

I'd say yuppies would be quite attracted to biotechs and it's time for them to put their super somewhere too.

 

[rub92me]

Funding has been challenging in the past and the regulatory landscape, patent issues, etc. continue to make it hard for the wouldbe investor to put a price on many of the micro and small caps. I personally stay clear of any of the early-stage biotechs as a long term investment. A bit of research will give you a handful of solid performers in this sector though that have potential for good gains and look relatively cheap on a global basis.

 

[Snakey]

Snakey, are you seeing how it comes off the tongue or what kind of tune it brings to the ear...

I'd say yuppies would be quite attracted to biotechs and it's time for them to put their super somewhere too.

yeah what ever....i am just trying to get a feel from others on this question because if i have any support on this theory then there might be something in it that we can all use. Do others think miners are over inflated in general?
the big knobs are the movers and shakers on the market and have the most power in general. I like to be one step ahead of the market and to establish an answer to this question early. this would be an advantage on the market.
I am the first to admit biotechs are crap as investments in general..but if they are going to make me money i dont give a sh*t. i am here to make money not friends with types of securities. sure i made a good money off miners last year. but this year i want to get in early to make the best money i can. obviously biotechs in the very last stages of devolopment would be ideal to invest in... if this the way to go. come on people lets debate this...

 

[Sean K]

I have been getting the general perception that biotechs are starting to run a little but I have no stats to back this up.

I too agree that one day, the mining cycle will come to a close, but when that occurs is up for debate also. Some are saying it's peaked, others are saying Chindia will drive it for another 5-10 years....Much might depend in the short term of US housing health.

There may be upside in biotechs and some more speculative money may flow in. Certainly, anything that promises a 'cure' for anything is bound to get a lot of attention.....

I'm with you Snakey, that it is having a vision to see the next big thing that is where the real money is made. If you had have bought every uranium explorer just 2 years ago, you'd be a very rich person!

Will be interesting to see how it pans out.

 

[Ken]

I have only known the asx when miners have been booming.

If a trend to sell speculative miners occurs a lot of us could be in trouble.

The biotech sector has looked pretty poor from what I have seen.

I find it hard to read through all the presentations and pick 1 out of 400 nhope for the best.

Westpac Broking recommends BTC as exposure to a group of up and coming biotechnology stocks. In theory if they are experts and investing in the sector then I trust them over my judgement, trying to find a winning bunch of companies.

They have an exposure to listed asx companies and stakes in those that are not yet listed.

If this is the next phase of speculative money, BTC is the only biotechnology investment group that I have found.

 

[danc]

some that snakey mentioned take my fancy chart wise only on day week and month charts and coming out of btms on vol are;SOM NAL PNO.

 

[Sean K]

Re: Biotechs - Are they the flavour for 2007

I sincerely hope that this thread is not going to become a vehicle for every man and his dog to ramp their favourite biotech stock.

Ladies and Gents,

Just a reminder that this thread is not about individual stocks but the industry in general.

If you want to nominate a stock, perhaps it requires some more detailed analysis. This hasn't got out of hand yet, but I too can see this turning into a situation where people just start listing a series of biotechs with no analysis, and at best vague generalisations about their potential.

Cheers,
Kennas

 

[constable]

Yes its been hard to find a mining stock that hasn't been belted out of the park already. I guess traders /investors are now looking for other areas where value for money can be found.

 

[Kauri]

Yes its been hard to find a mining stock that hasn't been belted out of the park already. I guess traders /investors are now looking for other areas where value for money can be found.

Yes, most mining minnows seem to have had their day in the sun, from memory I think the micro-bio sector was last ..umm... given a lot of attention, in the early stages of the 2002/2003 rally, so I guess they are about due again. As with the mining minnows, the vol in the prior weeks gives a possible inkling of things to come...... Both charts below are of SOM.

 

[dhukka]

Since the start of the year quite a few biotech companies have taken off NAL, BPO, SOM, PNO just to name a few. Whats going on and has any one have any ideas why this is happening? Last year alot of Biotechs got hammered as the money went across to mining. Now there alot of over inflated mining stocks and some very cheap bio stocks. Any thoughts????

Snakey could you name a few bio stocks that you consider cheap and how you value them to come up with your conclusion?

If speculative money is now being rotated from mining stocks that don't produce anything or make money into biotech's that are all potential but don't have any products and that therefore that also don't make any money I think that gives you some indication that this market may not have much further to run.

There has also been been a noticeable shift into large cap companies with low risk earnings or attractive yields or both such as BXB, TLS, NWS, TAH, WES by the smart money.

 

[dhukka]

I have only known the asx when miners have been booming.

If a trend to sell speculative miners occurs a lot of us could be in trouble.

Ken if that's the case you're in a very dangerous position as you haven't seen how quickly positions can get wiped out. Just a word of advice from someone who had a front row seat during the tech wreck, make no mistake the music will stop for speculative mining companies, just make sure you don't get caught without a chair.

 

[Moneybags]

Yes its been hard to find a mining stock that hasn't been belted out of the park already. I guess traders /investors are now looking for other areas where value for money can be found.

When I first joined ASF ( April ) nearly every thread on the board was a mining stock. I have noticed the word biotech popping up more & more in recent times but couldn't name more than a couple of stocks in that sector.

Kauris chart shows SOM very clearly moving up in 2007 ( nice job ).........perhaps coincidentally as Copper, Gold, & oil continue to come off and Zinc takes a hit.........who knows. Has sentiment started to change in the mining sector or is it day traders looking for quick profits? Or could it just be, as Kauri has alluded to in his posts in the "riding the ramps " thread.

Interesting stuff all the same.

Time will tell.

MB

 

[BraceFace]

Metabolic Pharmaceuticals (MBP) and Ventracor (VCR) are two "bio-tech" companies that had underwhelming 2006's but have surged since December.

See the individual threads on these companies for more info.

Solbec Pharmaceuticals (SBP) also underperformed last year and has rallied in recent weeks without major announcements.

I agree with previous posters - this sector of the market does appear to be picking up more attention nowadays.


Now I'd just like to see a rally on Psvida (PSD)......

 

[silence]

I'd like to see something other than mining become the flavour. I'm hoping for phosphagenics (POH) to take off - countless good announcements seem to do nothing to the price though.