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2024
May 2nd, 2014 at 10:35 am
I have to apologize, as I have been slacking on my posts. Things are very crazy at the start up (not really as start up anymore), but I am trying to keep abreast of what is happening in the industry as a whole. Many of the companies that went public over the past year are crap, and that does not bode well from an industry standpoint. So, it is time to be nimble and prepare for the 'correction' that Phil and others have been warning of. When, IDK, but it will happen.
That being said, Pharma is in a world of hurt. All big companies need to fill their pipelines (hence the PFE AZN mega merger proposal), and they are turning to smaller companies and funding companies (like mine) to do just that. SGEN is right now, on sale IMHO. PLX is a great buy at these levels. CRIS cheap…..EPZM needs one more fall and I will buy the stock. BMRN is a screaming buy. GILD is best in class. BMY is also stellar for income, but expensive now. There is a huge rotation in the industry, and we need to let the dust start to settle.