CRAZY Bio Tech Drug stock runs!!!

[RP_Automotive]

I chucked some on IMI this morning...ouch! down 50% at the moment.I've just set a sell @ 0.13 and will keep my fingers crossed! Most of the meds on my watchlist aren't doing too well...only one in the green is KSX.

 

[YOUNG_TRADER]

I chucked some on IMI this morning...ouch! down 50% at the moment.I've just set a sell @ 0.13 and will keep my fingers crossed! Most of the meds on my watchlist aren't doing too well...only one in the green is KSX.

Which is exactly why I am a firm believer of getting on board the life at the ground floor or if I miss it just waiting for the next one, then again look at PRR and NEU who could have ever thought

I prefer stuff that is yet to move so your not paying up 50% buying someone else out who got in early and punching their profit ticket

 

[gordon2007]

Make no mistake high risk traders game

More like a high risk gambling strategy. but hey if it works....what the heck!

 

[MS+Tradesim]

Risk is a function of the trader, not the market.

That's the whole point of position sizing, pre-determined stop losses and exit strategies. Then it's no more gambling than any other business.

 

[YOUNG_TRADER]

Top 5 Volume Movers Today

All Bio Techs all pennies that have moved up strong, thought I'd try and do some of my fundie looking at them, make no mistake dogs of the aussie dow though

IMI 1450m shares Mkt Cap@0.009 = $13m Cash $300k
Low=0.001 High=3.2c
Assets: Intelliheart (hear related product) and some sort of Radiology


PNO 450m shares Mkt Cap@1.2c = $5.4m Cash $500k
Low=0.001 High=1.7c
Assets: Anti Inflammatory drug Triptofen

OBJ 660m shares +135m 1c Dec 2010 opies Mkt Cap@1c=$6.6m Cash $500k
Low=0.003 High=2.5c
Assets: Breatheassist and drug delivery through the skin without needles


PRR 345m shares +170m 2c 2011 opies Mkt Cap@6c = $51m Cash $1m + $3.4m opies exercise
Low=0.005 High=11c
Assets: Cancer antibodies!

SBN 775m shares +185 2c 2010 opies Mkt Cap@0.003 = $2.3m Cash $50k
Low=0.001 High=4.5c
Assets: Oral drug testing technology, has lost all partners and distrubtuion agreements as well major shareholders unwilling to support company anymore



While all are speculative dogs at the moment I can understand why PRR has run so hard I mean if they did develop antibodies to cancer then OMG!

To a lesser extent OBJ's needle free drug delivery technology would also be a massive break through (I personally hate needles c'mon guys do it for me and all the other babies out there) :

PNO's drug mkt is huge ie Tiger Balm and DencoRub sports gel come to mind

Not sure what IMI's intelliheart is

Staying the hell away from SBN, they have lost all support from distributors to major shareholders

 

[MS+Tradesim]

LOL. OBJ got a speeding ticket. What a surprise.

Ps. Not laughing at anyone here. Can just imagine the OBJ management thinking "WTF just happened?"

 

[michael_selway]

Top 5 Volume Movers Today

All Bio Techs all pennies that have moved up strong, thought I'd try and do some of my fundie looking at them, make no mistake dogs of the aussie dow though

IMI 1450m shares Mkt Cap@0.009 = $13m Cash $300k
Low=0.001 High=3.2c
Assets: Intelliheart (hear related product) and some sort of Radiology


PNO 450m shares Mkt Cap@1.2c = $5.4m Cash $500k
Low=0.001 High=1.7c
Assets: Anti Inflammatory drug Triptofen

OBJ 660m shares +135m 1c Dec 2010 opies Mkt Cap@1c=$6.6m Cash $500k
Low=0.003 High=2.5c
Assets: Breatheassist and drug delivery through the skin without needles


PRR 345m shares +170m 2c 2011 opies Mkt Cap@6c = $51m Cash $1m + $3.4m opies exercise
Low=0.005 High=11c
Assets: Cancer antibodies!

SBN 775m shares +185 2c 2010 opies Mkt Cap@0.003 = $2.3m Cash $50k
Low=0.001 High=4.5c
Assets: Oral drug testing technology, has lost all partners and distrubtuion agreements as well major shareholders unwilling to support company anymore



While all are speculative dogs at the moment I can understand why PRR has run so hard I mean if they did develop antibodies to cancer then OMG!

To a lesser extent OBJ's needle free drug delivery technology would also be a massive break through (I personally hate needles c'mon guys do it for me and all the other babies out there) :

PNO's drug mkt is huge ie Tiger Balm and DencoRub sports gel come to mind

Not sure what IMI's intelliheart is

Staying the hell away from SBN, they have lost all support from distributors to major shareholders

Hey dude did you buy any BTA or IMU today? ANy other we shoudl take note ?

thx

MS

 

[YOUNG_TRADER]

Hey Michael

yeah after seeing BTA I grabbed some IMU around 10c for a trade, key word trade!!!!!! Although the deal with Merial does provide some good backing



HERE'S SOME INFO I GOT FROM THE DECEMEBER QUATER REPORT
October – December 2008 - Quarter Highlights:
Strategic Alliance signed with Merial Limited – 31 December 2008
Initial income totaling US$2 million (AUD$2.9 million) received on 31 December
2008
Strategic Alliance income exceeds AUD$30 million to Imugene within next 7 years
Additional income from further sub-license fees and milestone payments on
individual products and ultimately royalties on sales
Imugene translates recent trial successes into a solid income stream
Cashflow positive for the half year
Strong cash income stream from IP achieved well in advance of product sales
Imugene now in a secure financial position moving forward
No foreseeable need to raise further capital




About Imugene (ASX: IMU)
Imugene specialises in commercialising animal health products for production animals including pigs and poultry. Imugene owns the worldwide rights to the Fowl Adenoviral Vector Delivery System for poultry and the Porcine Adenoviral Vector Delivery System for pigs. Imugene's poultry and pig portfolio is targeting a worldwide US$3 billion annual market with four lead vaccine products under development and a strong product pipeline. Consumer demands for disease free and residue free food will bolster Imugene's prospects.