Currently Holding - 8/30/2012
THLD - Threshold Pharmaceuticals Inc.
This has been a great pick, purchased back in May and just sold today (8/31/2012). I like biotechnology stocks, I like the volatility. That sounds crazy but if you research well and check how much debt they have, their liquid assets, and their products in the pipeline you can get a good feel for their future. I also like to see their distribution partners or their distribution rights. If a company has a needed product and are close to the end of their acceptance testing with positive indications you may have found a stock ready to move up.
Two that I believe are ready to have good investment returns are:
CPRX - Catalyst Pharmaceuticals Partners, Inc.
DRRX - Durect Corporation
DRRX sold on 9/20/2012 @ $1.23 and made a very small amount.
ReplyDeleteOn 9/25 bought IMSC @ 1.72