Official Let's Make Some Money Off Stocks Thread
08-05-2008, 03:28 PM
#551
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The highest risk+reward bio stock I'm watching is ARNA. They've got a diet drug in massive 3rd phase, supposedly ending late this year. It works similar to Fen-Phen, on one of the same two receptors they used, so they're looking for heart valve defects. So far so good and results are better than anyone else's pipelined diet drug.
There's not much else going on there so that's either dead money or 10x in a year or two, perhaps less if Merck buys it out after FDA approval.
Any other blockbuster drugs on anyone's radar?
There's not much else going on there so that's either dead money or 10x in a year or two, perhaps less if Merck buys it out after FDA approval.
Any other blockbuster drugs on anyone's radar?
08-05-2008, 03:29 PM
#552
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The refiners should* be setting themselves up for some nice gains in their stocks. I got in MRO a while back and sold it recently at 48 when it popped two days in a row. I did a fair amount of research but still don't know as well as I'd like to as to how those guys make money and to what degree under what market conditions. If MRO drops below where I bought it originally I might pick up more.
08-05-2008, 07:32 PM
#554
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For consumer products, I like JNJ, PG, or CL.
Not exactly sure what is going on KO but a quick lookup on google has some recent bad news but I'd blame the recent downturn on decelerated demand for its products.
http://www.bloomberg.com/apps/news?pid=206...CfhI&refer=news
Not exactly sure what is going on KO but a quick lookup on google has some recent bad news but I'd blame the recent downturn on decelerated demand for its products.
http://www.bloomberg.com/apps/news?pid=206...CfhI&refer=news
08-06-2008, 01:43 AM
#555
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Originally Posted by cthree,Aug 5 2008, 05:50 PM
No F***ing way, you should have already taken you profits and walked away. You'll see nothing but lower lows and lower highs. The next time they rally get the hell out. The commodity bull market is over. It ended when oil failed to break 145 the second time around and formed a head and shoulders.
Oil, NG, precious metals, basic materials, agriculture. All on the elevator down.
Oil, NG, precious metals, basic materials, agriculture. All on the elevator down.
08-06-2008, 09:15 AM
#557
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Originally Posted by sleeper_s2k,Aug 6 2008, 02:43 AM
do you see any short term rallies so some of us can get out of metals (copper)? i'm afraid i may be holding on for a long time otherwise.
08-06-2008, 09:54 AM
#559
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Originally Posted by AZDavid,Aug 6 2008, 09:14 AM
YGE crushes their number and the stock falls 8%
I think I'm going to just take my losses and run away... because if it follows the pattern of its previous Earnings call in May.. then it just continues to fall for the next few days..
08-06-2008, 10:30 AM
#560
Registered User
Originally Posted by dyu626,Aug 6 2008, 10:54 AM
Man.. I don't get this stock. I feel as if no matter what great news occur... it just keeps going down..
I think I'm going to just take my losses and run away... because if it follows the pattern of its previous Earnings call in May.. then it just continues to fall for the next few days..
I think I'm going to just take my losses and run away... because if it follows the pattern of its previous Earnings call in May.. then it just continues to fall for the next few days..