Any other pharmaceutical co's with explosive potential and a fair shot at success?
I'm in today with 2500 shares of VICL. Not a big bet as I am quite green in looking at pharma companies, but I can see the huge potential in VICL and it appears from all my reading that they have a decent chance of success, at least enough to throw a few bucks at it.
What other companies should I be looking at?
Ooops, my thread went to the second page. I better get it back on top since VO is such an #@$#@ about it. I am looking into these suggestions. Thanks all, except for mining_phd who gave me a horrible list.
Strong second! You really have to look at INO. CEO and board are top notch. Results from trials are amazing, Huge pipeline. Receive funding from several outside sources, some govt and others foundations, so no debt. Big anouncements on the way.
Sentiment: Strong Buy
I looked briefly at MKND and GTXI this past week, but was only compelled to buy VICL so far. MNKD has run so far this year that I was afraid that a negative result could crush the stock badly. There were lots of haters of GTXI and I could not decipher which side made the better arguments. Perhaps I'll add them to my list to look at again this weekend.
9 out of 10 small biopharmas fail...
You have found your way to ONE that is a HUGE winner...
You are better off NOT reducing your odds, ...... just stick with a probability situation.
I have followed Biotech's for 15 years....
Vical is a ONE of a kind in the pharma area.... because of the long duration of the phase 3.
Without the SUPER long duration phase 3, not a few months longer or 6 months longer, but 2 years LONGER.......
Vical would NOT be a CLEAR CUT winner.
How many stocks do you own?
The overall market is somewhat overbought and extended
Meaning its UP high... especially the OVER extended biotech sector!
VICAL is a VERY, VERY special situation...
Don't think that there a bunch of Vical's out there..
There is a LOT of RISK out there...
A LOT of "STORIES" out there.
I must be doing ok viclobserver. I own 3 biotechs. I bought mnkd at 2.54 and have been adding along the way. I bought INO at .51 and have been adding along the way and I own vicl. I bought vicl at 3.50 and have held on during the 2.90 range knowing it would come back up. I think the potential in these three stocks is phenomenal. I am holding for the long term. Millionaires are made riding a biotech bull market. I started investing in biotech in 1989. I bought my first shares in Amgen and have never looked back.
VICL will not be the only winner. Back in 2009 I made a few bucks in ACAD scalping pennies. I thought that the risks were justified. I had no idea what would have happened if I had simply kept my 11,000 shares of ACAD until today. It went from under a buck to over $20 today. I would have had more than an extra $200,000 on that one position.
I can see the potential in VICL, so I will not be selling as long as good results continue to come in. I hope that VICL turns out to be a long term keeper stock. This company could be worth tens of billions some day, if not a hundred billion.
Between stock and options I have 35 positions. I am quite diversified. Despite the valuations in the market in general nearly all of my positions are value investments.
I now have one small position in a speculative pharma VICL that looks good to me. Perhaps I lucked out and VICL is the best option out there, but I know that little pharma companies regularly make out big in the market. I know that the odds are against most of them, so when I come across them, I almost always avoid them. I've seen many, many blow up, but I've also seen plenty of 5 to 10 baggers in relatively short periods. I'm just fishing for ideas. If I find something else that looks compelling enough, I may buy a little.