I got burnt in this one as soon as it IPO'ed. I got in at 19 and finally quit at 11 :(. Lucky I did that. I like the comments on this article and there's something definitely fishy about NED, until it isnt and it starts to take off!! :).
Since you are interested in BioTech, I am looking at CBST(Sold off because TEVA threatened launching a generic of their only best seller drug which they have patent for until 2019) and ALXN, which is growing great QoQ.
I am not familiar at all with CBST... and I would like to do more research on ALXN as well... but it does look very good... and the chart looks very nice. Also, it has a nice balance sheet apparently.
When I have time I will try to research these a bit more. Thanks for posting. Also... check out ONTY.... definitely a buy in small pieces and don't risk too much but with a strong balance sheet and at $1 a share this name could see significant price appreciation... now just above its 50 day
"Ninja Trades" is a subsidiary site of "The Yellow Rose Street Beat". Here the plan is to list charts/trade ideas/names while keeping it simple. Sharing specific trade ideas can save us all time and truly use the internet to our collective benefit. I welcome comments on any stock ideas and in fact hope that some or a lot are provided. Everyone can read them and get ideas this way. Often I find charts through stockcharts screens, stock through yahoo finance, the Motley Fool, or through other blog sites. If something of interest is found it may be posted. Right now this is still experimental but we'll see if this helps us quickly find trades and/or specific stock ideas. Cheers!
4 comments:
I got burnt in this one as soon as it IPO'ed. I got in at 19 and finally quit at 11 :(. Lucky I did that. I like the comments on this article and there's something definitely fishy about NED, until it isnt and it starts to take off!! :).
Cheers,
Pankaj
Thanks for the comments Pankaj...
Good to know. If there are any other stocks you are looking at for when the market rallies or shorts for now feel free to post whenever/if you want...
Since you are interested in BioTech, I am looking at CBST(Sold off because TEVA threatened launching a generic of their only best seller drug which they have patent for until 2019) and ALXN, which is growing great QoQ.
What do you think of these two names?
Cheers,
Pankaj
Pankaj,
I am not familiar at all with CBST... and I would like to do more research on ALXN as well... but it does look very good... and the chart looks very nice. Also, it has a nice balance sheet apparently.
When I have time I will try to research these a bit more. Thanks for posting. Also... check out ONTY.... definitely a buy in small pieces and don't risk too much but with a strong balance sheet and at $1 a share this name could see significant price appreciation... now just above its 50 day
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