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Stone Energy Corp. Message Board

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  • ecwtully369 ecwtully369 Aug 5, 2011 4:21 PM Flag

    Alright utilizing some cash.

    Thanks for responding to my other post.

    I am in huge with ANX and feel their Exelbine drug will be approved on 9/1/11.

    I am looking into BPAX and APRI right now. Maybe for a quick trade. These bio's can kill!

    As for oil, any thoughts on WNR,ROYL SD and SSN.

    Thanks & Respectfully,


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    • Yup those bios can make or break your initial investment. I was researching the crap out of DNDN a few months back when it was in the 40s... thank God I didn't buy that one! On the topic of luck, I got very lucky with IPSU, got the heck out of the market around august 2nd.

      In short, I haven't been very lucky with them. I really think that no matter how much you believe in a pharma, you shouldn't put more than 1-3% of your portfolio in one. Im down 50% on DCTH, Down 20% KERX... Investing with about 2% of my portfolio. Always keep in mind, the FDA can throw curve balls... even on superb drugs. Never bet more then 5% of your portfolio, if it drops down 50%, you could care less.

4.87-1.43(-22.70%)Oct 24 4:02 PMEDT