Enzon Pharmaceuticals, Inc. (NASDAQ:ENZN)
A biopharmaceutical company dedicated to the development and commercialization of therapeutics to treat patients with cancer and adjacent diseases.
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Investors should consider selling puts. You can achieve some very high annualized returns at strikes significantly below the current price. e.g.
Jun 13 $2.50 strike at $0.10 has 23% discount and 39% annualized return.
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nothing left after large liquidating dividend
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Klarman. Cheap.
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baupost, deej and value
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This biotech has a reliable royalty revenue stream from its proprietary pegylation technology which makes drugs less toxic, and more effective. It has a solid balance sheet and some interesting compounds in the pipeline. It has just sold off a portfolio of drugs to fix the balance sheet. Undervalued due to years of questionable decisions by management, the new CEO has now put the house in order, which promises appreciation to fair value and more gains if one of the drugs in the pipeline pans out.
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it has a unique drug delivery system and activist shareholders
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An Icahn portfolio stock.
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I like the sector. This is a sector pick as I have done little DD on this stock. I think small biotech has been hit hard, and the cancer market, in particular, is going to turn around. Plus, I do not see too many incredible investments in other sectors so I am sticking to high risk/ high reward opportunities.
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Working on 2 cancer drugs and will be the big winner!!
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People all ways needing pills so Pharmaceuticals all ways geting business and all ways will
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PEG-SN38 showed anti-tumor activity in resistant pre-clinical models, FDA approval for DepoCyt, leader in stem cell research, I can see it doing phenomenal
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low PE & a good choice for a play in this sector
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NICE PIPELINE
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New cancer treatment
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All looks bad for it but ....just a feeling
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