iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Sector Spotlight: Biotech

The space is on fire, thanks to [[DNA]]. Right now I like: [[CELG]], [[GILD]], [[BIIB]], [[CPHD]], & [[SVNT]].

Make sure you have exposure to the sector. Feel free to list your Biotech plays in the comment section.

Top pick: [[CELG]]

Disclaimer: I’m long CELG

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24 comments

  1. Woodshedder

    ALTH

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  2. RaginCajun

    Woody, I’m all over CPHD above $30.

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  3. RaginCajun

    Loving that SVNT, thanks matt.

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  4. alphadawgg

    GENZ

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  5. Woodshedder

    Cajun, as far as biotechs go, at least they actually turn a profit. I love the company. If you get bored, read about what they make.

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  6. kidstock

    VVUS

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  7. Matt

    Rage Cage
    no prob.. I found it after looking for setups in biotech based on your CELG.
    ALTH too.
    so thank you!

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  8. RaginCajun

    loving =CELG.

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  9. Matt

    Can we get a 28 handle on SVNT… I think so.

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  10. RaginCajun

    CELG is in BTFO territory.

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  11. Alex

    MDT looking to break out.

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  12. RaginCajun

    saw that, and love it.

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  13. Matt

    selling some ALTH 8.50

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  14. Jakegint

    Even I, the mangiest of bears, have my long term IRA hedged with AMGN.

    __

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  15. bluedog

    Nice moves today in CELG! Congrats.

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  16. OE Trader

    RC, best time to be in biotech was a month ago. However, there may be some room left to run. My two favorite have been AMGN and SQNM. ONXX will probaby be a BTFO candidate tomorrow.

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  17. todd

    Good job with CELG. Holy Biotech Batman! AMGN, ALXN, SVNT, who cares about an anti- naked short-sell rule when you have these other opportunities to watch.

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  18. CubsRock

    Easy trade on XLE, choose your own side 😛

    http://img228.imageshack.us/img228/4084/xlejulyco4.jpg

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  19. Jakegint

    Draw your line off the top of that January ’08 high, and your decision is already made for you.

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  20. CubsRock

    5 yr. bull market and sitting at 20% correction.

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  21. Jakegint

    “Secular bear” I says.

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    Anyone looking at shooting the “utes” yet?

    CEG looks a bit joozy.

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  22. LJ

    Been loving Biotech AND Pharma charts for 2 weeks now, here are my favorites…

    OSIP, AMED, GILD (flag breakout), SVNT, OSIR, ALNY, MASI (well, kind of biotech), LNCR (senior living), SGP, SYK, SYNO, CPHD, MATK, and big on ALKS

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  23. TraderCaddy

    How about NBIX, a biotech that has crashed and burned in the last two years (due to sleep drug getting the heave ho from the FDA for further testing)? There has been some insider buying.
    Probably a little early.

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  24. Hattery

    Buffett’s “biggest loser” SNY

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