I can't invest in PCYC, because one of the BOD members is Itri is married to Ray Warrell, the scammer CEO of Genta. I met her at ASCO a few years ago, actually she is probably much more talented than her FOS husband, but I can't get involved. AVEO looks promising and a much better value at these levels, but puzzled by the insider sales and not looking to put new $$ to work long here, so will keep watching. I sold another 40 July 17 calls and bought some additional CELG puts. Will buy more CRIS on any dips. Take a look at the AFFY April puts to sell, or a buy and write strategy, buy stock, sell APR calls. The returns are very high and IMO risk of any delay, or denial by FDA is very low. All IMO, do your own DD, not advising!
I just picked up a little astx this morning its woth a look, they used to be called supergen. Their partner is expect news on dacogen for aml data looked approvable, and it is already approved for another indication. They are getting royalties from esai on this. I am a little late entry wise as it has had a strong runup since december. All imho dd.