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IBDvalueinvestin (98.74)

Time to Rotate into Biotech..General market bloodied once again.



May 06, 2010 – Comments (4)

Global pharmaceutical market is forecast to grow to US$897 billion in 2011, an equivalent CAGR of 6.9% over the next five years. Experts and research analysts have projected that more than 65% of these figures will be due in part from the double-digit market growth in the European and Asian drug markets.

4 Comments – Post Your Own

#1) On May 06, 2010 at 1:41 PM, IBDvalueinvestin (98.74) wrote:

Provide tickers on Biotechs you like during this general market bloodbath.

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#2) On May 06, 2010 at 2:33 PM, DarkToast (31.92) wrote:

I bought AEZS yesterday, as I outlined on my blog

It is up 17% today while the Dow is down around 300 points. They are presenting data at ASCO about their ovarian cancer drug.

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#3) On May 06, 2010 at 3:00 PM, IBDvalueinvestin (98.74) wrote:

DarkToast , I know , KERX and AEZS should have been up 30% today on that news but because of the bloodbath mkt they are flat.

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#4) On May 06, 2010 at 3:29 PM, DarkToast (31.92) wrote:

My RT tickers shows AEZS up 14% still. KERX was green a few minutes ago but is now down 1.8%

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