Rick-< the route to superior returns in biotech>
Another route to superior returns in biotech:
1-Invest in "depressed" biotechs with an advanced clinical pipeline with high probability products on the market in 6 months to 3 years, eg, PRCS, SCIO, SEPR,HGSI,NBIX,IMGN, etc.
2-No limit on market cap provided that cash, technology value, discounted earnings project a much higher market cap, 2 to 3 times, over the next 2 to 4 years.
Ten baggers will not be as common as 1 to 4 years ago when many biotechs were significantly overvalued in the the mania market of the .Coms. However ,if anybody can do it, you can.
Your humble servant, :-) Joe |
