Ragweed DVAX @ 6.23
Their vaccine against ragweed allergies were successful in preliminary studies. There are 30 million Americans who suffer from ragweed allergies. The 2 week multishot vaccine (once approved by the FDA) could cost consumers over $100 (in my opinion). Multiply that by 30 million Americans you get about $3 billion in potential revenues.
The ceo indicated on CNBC that they are trying to "franchise" their technologies to other types of allergies. They are looking into peanut allergies right now. Do you know that there are over 100 allergies known to man?
DVAX's preliminary study on ragweed vaccine was on 25 people, but they have a larger ongoing study of over 700 people. Preliminary results will likely come out in Jan. 2007.
Since DVAX is not profitable, it is a very risky play. But the recent financing and positive study result should help the stock eventually break above $8.
DVAX is an intermediate to longer term play.
The ceo indicated on CNBC that they are trying to "franchise" their technologies to other types of allergies. They are looking into peanut allergies right now. Do you know that there are over 100 allergies known to man?
DVAX's preliminary study on ragweed vaccine was on 25 people, but they have a larger ongoing study of over 700 people. Preliminary results will likely come out in Jan. 2007.
Since DVAX is not profitable, it is a very risky play. But the recent financing and positive study result should help the stock eventually break above $8.
DVAX is an intermediate to longer term play.
posted by beanie11111 | 1:36 PM
23 Comments:
I like the way DVAX is trading.
If it stays above $6, i'd be happy.
I am pretty confident DVAX will see $8 or higher. There are no vaccines for any allergy as far as i'm concerned.
So DVAX could become one of the best biotech plays around.
I hope you all got some at the low 6.
if you think ATI is not bottomed..then TIE won't bottom either..uuslaly ATI moves twice what TIE moves..so let's see..
also, it is so weird OI up 3 bucks..even XOM is up 70cents but VLO is still flat..i dont' get it. y
like you have found some stock on your own..the whole world sees it is up 40 percent today....your too funny
anonymous,
I don't usually call a stock unless it's running. I just let you folks know what the potential is for profit.
DVAX: Should in play for quite some time. I think it's on its way to $10 at least. Definately one of the most exciting biotechs i've seen in some time.
anonymous,
ATI is in exactly the same situation as TIE. Both are steel companies. Both have almost the same chart. Both have near term bottomed (soft call) but both are sitting near resistance right now.
DVAX:
Volume is so huge i gotta expect more upside tomorrow.
weeeeeeeeeeeeeeeeee DVAX!
Let me count the money from the low $6!
if ATI takes out 66 where do you expect it go?
anonymous,
I would say $70 short term, but again, ATI is in a very weak sector. Anymore bad reports or downgrade on the sector, it may just trade sideways to down.
anonymous,
I know you like commodities but as traders we usually want to trade stocks that are strong or is in a strong sector(s).
If you are an investor, you still probably don't want to invest in ATI at this point (maybe 3 years ago but not now). The runup for commodities had been so huge for several years now. The other reason is you cannot "see" what ATI does, especially when ATI is not the only steel company.
I hope you are buying stocks from other sectors as well.
RVBD is now up to 19.55, I have 516 shares bought at 17.24- would it be
too soon to sell or hold till it double in value? Maybe in a year?
sgv,
depends on what your timeframe. If you're watching it everyday, it is likely youre not a long term holder.
RVBD has gone up almost 5 points in a short period since i first mentioned it.
I would probably take another 1/2 off here if i were a short term trader or even a swingtrader.
Even though i said DVAX is for an intermediate or longer term play, it can be treated as a daytrade if you're happy with the profits.. This applies to every single stock i recommend.
DVAX: Will probably sell off this morning due to weak market this morning. Buy the dip for a daytrade.
DVAX: To get an idea how this stock will likely play out today, take a look at ANGN yesterday.
Let DVAX drop for about the first 30 minutes or so after market opens.
I get the feeling, though, that DVAX is alot stronger than ANGN. So it may not play out the same way.
beanie you are a fucking idiot. you are a loser. find another hobby. you are an investing/trading failure.
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