Astex Pharmaceuticals, Inc. (NASDAQ:ASTX)
A pharmaceutical company dedicated to the discovery, development and commercialization of therapies to treat patients with cancer.
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AB bullish engulfing
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Despicable P/E ratio, but pitches by Cramer on other biotechnology firms has led me to discount this a bit. EPS and revenue growths are impressive. So is the stock price action.
April 26: As of about April 15, 2013, I became long ASTX (with real mony, no less), and still am long.
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going up immediately, will surge when expected eu approval for AML on Dacogen by end of September. stay tuned
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A wonder in their industry. A biotech with actual revenues and a deep pipeline.
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Technical Indicators!
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Cheap biotech with huge potential.
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FDA Advisory Committee on Feb 9th; if positive approval in March is likely. Has already risen a lot, but still....
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Several drugs in the pipeline, will rise in value at least until it reaches the point of fda approval which is March 9, 1012. I may sell before that day.
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There are currently 2500 ASTX shares in my "fund" with break-even of around 0.53 USD.
http://caps.fool.com/Blogs/fund-trades/678775.
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They have cash.
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SuperGen is due.
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Drugs and longshots that could get super real.
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Cure for cancer?
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ccest compte
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Well heeled, financially...a comfortable moat...provides lots of room for R&D without feeling the pinch. Management appears to have built and strong model for developing cancer and related therapies that cover a broad spectrum of life-threatening diseases. I originally bought in at $2.22 and will give it several years. Who knows...maybe a buyout is down the line, as well.
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lots of cash, pipeline with good potential
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Lots of Insider buying here..... SuperGen is a pharmaceutical company whose mission is to prolong, improve the quality of and ultimately, save the lives of those people afflicted with life-threatening diseases, especially cancer.
The company possesses a broad portfolio of proprietary cancer therapies that target a variety of solid tumors, hematological malignancies and blood disorders, offering renewed hope to patients who suffer from these illnesses.
The company is led by a seasoned management team with extensive experience in all aspects of the oncology pharmaceutical industry. TS
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They have significant cash and cash flow to enable the development of their pipeline of drug candidates. They are a significant buyout possibility.
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great pipeline. bought at 2.01 with real money
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