I can enlist CTIC AEZS ZLCS GNBT, BPAX (changed name).......... all these are money-loser, but most important: they're all still in "busyness", with hang up trials, endless discussion with FDA.
Yes, I confess. I've been into the biotech circus. Abandoned it after the AFFY-affaire. That was really a dirty game..... the only microBiocompany with a winning drug. Basically, they (the BPs) blocked commercialisation (which was HUGE after 3 months), because of 4..... ***FOUR*** deceased patients. All patients were terminals. All events happened the same week in 1 center. This happened after some thousands (can't remember exactly) of patients treated.
So. I'm occasionally watching Biostocks again... sometimes a very small trades here and there.
This is only for a hint.... YMB is worth for that or not?
And my advice is.... TRADE Biostocks... only trading.
MicroBiocompanies are 90% scams. For all remainder 10%, half are bought over. The remainder: half are killed in the crave.... so only a small remainder are good and will make of their own.
Don't go long on Biostocks. I know. I've lost $$$. Made $$$ and lost again. Changed strategy; invested gains and lost those gains.
And that's it.
Now, an OT hint.
OT: I moved on Fuelcell stocks.
Check FCEL, HYGS, BLDP....... PLUG (only at your risk, PLUG).
The fuelcell sector woke up after 10 years of sleepingness.... not a pure p'n'dump..... there are real revenues, real gross margins and HYGS and BLDP will br-even somewhere into this year.