I don't expect a ton of action today so I've got a question. I mostly like the big blue chips and love a couple of baby bio's on the way. I also seem to always try and find the next pink or otc penny that is going to hatch. I've only had one penny co that paid off in the past 20 years. But! I'd like to see if folks can offer a penny co that has a good product in the making. In a nut shell what's your penny and what do they do? .... I know this is asking for trouble but maybe not. Here's mine and I'm not saying buy it because I've lost money on it for the past 5 years... still waiting. BIEL, they make medical healing patches for wounds
You could look at Isoray (ISR). Been like watching paint dry recently, but "should" be showing some headway soon. You'd feel right at home with management, as their about as quiet as ARNA's.
Their worth a look see with DD of course.
What about AMBS? I like what they are working on. And their main drug is in phase 2. On their site it looks like they have a decent pipeline. When I learn how to read financials I will get theirs and see what kind of debt they have to cash flow.
I've seen AMBS passed around a few times but never looked at them. The pennies that offer a big pipeline kind of scare me a tad..... Oddly enough I'm more attracted to a penny that has a product or two that actually works. Doesn't need to be in the bio space. Bought another a couple of weeks ago only because a very large investor was buying it... that was good enough for me.