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Biotech / Medical : 2014 Biotech Charity Contest

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To: scaram(o)uche who wrote (290)4/21/2014 8:29:07 PM
From: BulbaMan  Read Replies (4) of 487
 
Terrific idea, Rick!
I’ll pick PGNX from my Contest portfolio. It hit a high of $7.45 on 1/17/14 and closed today (4/21) at $3.63 for a 51% drop. Market cap is $252 million and PGNX should have about $90 million in cash after their February PP, with no debt.
PGNX has a promising PSMA prostate cancer pipeline, as well as a targeted radiotherapy program and the stock should get a pop once the FDA reschedules the Relistor Advisory Committee meeting. Here’s a link to their website: progenics.com
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