Official Pharmacy Investing (Stocks/Funds) Thread!

[Its Z]

Well, I think it was approved so late in the day, many investors tried to take a quick profit which drove it down...which triggered a load of stop orders..which further caused a drop. After market trading is showing some rebound.

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[unevache]

Daytraders on average don't do better than the market. Studies show that even investment professionals over the long run on average do not beat the market. Just invest in index funds or invest in something you have a lot of knowledge about and have management and control over (like limited partnership or rental property or small business). Trading stocks part-time like you know what you are doing is for suckers.

 

[SCCpharm]

Daytraders on average don't do better than the market. Studies show that even investment professionals over the long run on average do not beat the market. Just invest in index funds or invest in something you have a lot of knowledge about and have management and control over (like limited partnership or rental property or small business). Trading stocks part-time like you know what you are doing is for suckers.

So you're calling everyone on this thread a "sucker" for trading stocks that you think they know nothing about?

 

[p-rog]

So you're calling everyone on this thread a "sucker" for trading stocks that you think they know nothing about?

I mean he is right about day trading not working out on the long run. He did say that you need to know a lot about what you're investing in...whether or not pharmacists/pharm students investing in pharma stocks have enough knowledge is the real question.

 

[p-rog]

btw, looks like OPTR had a little surge today, maybe it'll continue to climb.

 

[BanBidil]

Good idea or Bad to invest in....please share

 

[Momus]

Sell in May and Go away... I sold off everything when DOW was 12,500. Only holding gold $40k at this moment and $25k in stock, rest is cash... chart is not looking good at all...

Wait until August-September to get back in until Euro debt crisis and QE2 ending sort out

 

[Ilikechemicals]

Stocks Im liking right now are:

DVAX phase III results in July

PATH PDUFA run up for Aug. This has a low float which means massive movement.

Other potential plays:

FCSC (june 22nd pdufa) very cheap but some sort of dilution will happen soon

ANX runup for pdufa in Sept- shareholder meeting tomorrow. They are voting on dilution

PCRX just had their pdufa delayed 3 months. Another low float...

 

[LazyMooch]

Hello investors!

Quick Summary: I'm in undergrad (have no room for business classes) and I am very interested in investing. I know next to nothing about different kinds of investing and so I was wondering if you guys could provide me with a good website or book that would take me from novice concepts to a deeper understanding of the subject.

From what I've been told, there is minimal growth in pharmacy and one bolsters their finances primarily through investments.

Thank you!

 

[VCU2011]

Stocks Im liking right now are:

DVAX phase III results in July

PATH PDUFA run up for Aug. This has a low float which means massive movement.

Other potential plays:

FCSC (june 22nd pdufa) very cheap but some sort of dilution will happen soon

ANX runup for pdufa in Sept- shareholder meeting tomorrow. They are voting on dilution

PCRX just had their pdufa delayed 3 months. Another low float...

If ANX dilutes tomorrow i'm definitely going to be picking up some shares on the dip...it's already at a decent price now with a potential runup of 4 or 5 at their September PDUFA.

 

[Ilikechemicals]

Possible play in a few weeks.

BPAX- nov 14th. Lots of buzz on this one. People are already calling it female viagra. All it is is a testosterone gel...

Careful out there its crazy!

 

[homeslice]

Anyone else notice OPTR's explosion in the last month? I can't remember exactly, but I don't think they've had a down day in the last two weeks. $6.80 to almost $17 in ~45 days

 

[timbutt2]

I have an undergrad degree in business and an MBA in finance so I guess I should know something about investing. There are different styles of investing that is true but if you buy and hold till you die its not investing. There is a saying what goes up must come down. You have to take advantages in fluctuation in order to maximize profit. Also why pay $7 when you could pay $3 for the same thing. But again that is my opinion.

Our favorite holding period is forever.
Warren Buffett

 

[southpharmindy]

Wanted to bump this thread to the top.

Maybe somebody, especially Z, has seen something interesting lately.

 

[farmadiazepine]

ARNA Arena Pharmaceuticals working on a drug almost ready for FDA approval in a month, the first novel weight loss drug in years, lorcaserin.

Stock jumped from ~$2.50 to $7 in a day. I made 140% increase in everything I invested. Right place, right time, its awesome.

http://en.wikipedia.org/wiki/Lorcaserin

 

[WVUPharm2007]

Who thinks the Euro reaches parity? It's down into the 1.27s this morning. If it does, I'm taking a vacation over there!

 

[PharmDstudent]

Who thinks the Euro reaches parity? It's down into the 1.27s this morning. If it does, I'm taking a vacation over there!

+1

It's almost down to its previous low.

 

[STAR3URY]

where do you guys read about new drugs and stuff? I always wanted to read some magazines about new things coming out but i can never find anything.

 

[southpharmindy]

I could kick myself but I missed the runup on Arena and lorcaserin and its too late now; the approval is already baked into the price. It was a good chance to double your money.

The same thing is true with Vivus and Qnexa.

 

[drdoofuss]

Here is ur chance to get it after announcing a dilution six weeks before its pdufa

 

[drdoofuss]

The way to make money in stocks is the small cap biotech catalyst trading and playing the runup and rundown for clinical data release, fda advisory panels and pdufa dates

 

[drdoofuss]

These stocks with near term catalyst dates move independently from market forces. It has a strong pull entering the catalyst period

 

[Its Z]

I did ok with ARNA during the run up. Then lost some too.

I'm long on TSRX. This is a good time to get in. No major news lately means it's at a historical low. As it nears PDUFA, I hope to see a rise. I'll get out around the approval.

 

[southpharmindy]

Z TSRX looks good. Are you holding for the drug that is effective against MRSA to get approved?

What do you guys think about exchange traded funds.

Any other good companies with drugs in the pipeline?

 

[rph3664]

I was a bit at all the posts earlier in this thread about fidaxomicin. We were going to order some at my last job, and then we found out that a 10-day course costs (NOT AWP) about $3,500.

 

[Its Z]

Z TSRX looks good. Are you holding for the drug that is effective against MRSA to get approved?

What do you guys think about exchange traded funds.

Any other good companies with drugs in the pipeline?

Yes I'm following tedizolid formerly known as torezolid.

Im interested biosimilars like generic epogen neupogen and neulasta. Unfortunately I'm not seeing them by a small US traded small.biotechnology firms. I think Hospira is on it.

 

[WVUPharm2007]

So let's talk rewards cards...

...I've been carrying the Chase Rewards card since pharmacy school. 1% cash back...standard, but I could do better.

I wonder which I should go with. I'm down to the Costco Amex, CapitalOne Venture Visa Signature, or Chase Sapphire Visa Signature.

Right now I'm leaning CapitalOne Venture. That 2% cash back is pretty enticing. Plus you get the benefits of a Visa Signature card. Add no foreign transaction fees for all of my offshore internet dealings and travel...seems like a good deal. Plus you can design your own card.

Unless y'all got a better card, I think I'ma 'bout to make the switch.

 

[xiphoid2010]

So let's talk rewards cards...

...I've been carrying the Chase Rewards card since pharmacy school. 1% cash back...standard, but I could do better.

I wonder which I should go with. I'm down to the Costco Amex, CapitalOne Venture Visa Signature, or Chase Sapphire Visa Signature.

Right now I'm leaning CapitalOne Venture. That 2% cash back is pretty enticing. Plus you get the benefits of a Visa Signature card. Add no foreign transaction fees for all of my offshore internet dealings and travel...seems like a good deal. Plus you can design your own card.

Unless y'all got a better card, I think I'ma 'bout to make the switch.

Check out Priceline Visa rewards. 5% Back on priceline bids/purchase, 2% on everything else, and no annual fee unlike venture card.

https://www.pricelinevisa.com/

Another is fidelity investment rewards, 2% back goes into your fidelity account, no annual fee... But it's an American express card. They used to have it in Visa or MasterCard, but that's gone.

 

[Momus]

Of course, we have better cards. Penny pinching at best.

What I know on top of my head, no annual fee card:
Amazon.com visa card - 3% on drug store purchase, restaurant, office supply, amazon purchase.
Amex cash back - 3% on grocery
Bank of america cash reward - 3% on gas
Citi forward card - 5% restaurant! Movies! Book (all amazon.com purchase even if you are not buying books)
Chase sapphire - spend 3k in 3 mo for $400 back (i dont spend that much... but if i am tra elling/do large purchase, this is the card to go then cancel immediately)
2% back card priceline or fidelity on stuff not covered here >_>
5% rotating category card (I don't even bother...)

 

[WVUPharm2007]

The Priceline card only gave me a $5000 credit limit. Eff that. CapitalOne gave me a $20,000 limit. I went with them. When I go on my European vacation here next year after the Euro reaches parity, I'll need that credit limit and lack of international fees (which will actually make the annual fee wind up paying for itself due to all of the services and goods I buy online from overseas, anyway.)

 

[farmadiazepine]

I don't know too much about this company, but after doing a little bit of research I may buy this stock:

RGEN

They are done with Phase 3 studies, waiting for FDA to approve "secretin" on 6/21/12 for use with MRI for pancreatic duct visualization . Supposedly all their data is positive and clinically significant. I'm of course gonna read some of it via PubMed and all..

Anyone have any opinions?

 

[297point1]

So let's talk rewards cards...

...I've been carrying the Chase Rewards card since pharmacy school. 1% cash back...standard, but I could do better.

I wonder which I should go with. I'm down to the Costco Amex, CapitalOne Venture Visa Signature, or Chase Sapphire Visa Signature.

Right now I'm leaning CapitalOne Venture. That 2% cash back is pretty enticing. Plus you get the benefits of a Visa Signature card. Add no foreign transaction fees for all of my offshore internet dealings and travel...seems like a good deal. Plus you can design your own card.

Unless y'all got a better card, I think I'ma 'bout to make the switch.

And right on cue, I received an offer in the mail yesterday for the Chase Sapphire Visa...the $100 cash back after the first purchase sounded like a tempting pitch, but the fine print revealed it wasn't $100 as much as it was 10,000 points. A little deceptive...

Sticking with my Open Road Discover (gas card) and Starwood AmEx (everything else).

 

[Rx MPLS]

Blue Cash Preferred? Amazon.com's Visa?

The Delta cards also give you free baggage check, which is a nice bonus if you fly much, though they have a fee and don't give you cash back.

 

[owlegrad]

How has this thread not been picked up by every spambot in cyberspace?!

I am curious if there is a best international card though? Going to Germany, would love to not be carrying a lot of cash. I guess traveler's checks? Never been out of country for extended periods of time before.

I guess I should look into international phone plans as well? Might be better to just be radio-silent for the month.

 

[Rx MPLS]

How has this thread not been picked up by every spambot in cyberspace?!

I am curious if there is a best international card though? Going to Germany, would love to not be carrying a lot of cash. I guess traveler's checks? Never been out of country for extended periods of time before.

I guess I should look into international phone plans as well? Might be better to just be radio-silent for the month.

Traveler's checks seem to have fallen out of vogue; most places in Europe charged a big fee to convert them to cash last time I visited.

The best deal the last time I went was either withdrawing cash using your debit card at an ATM and paying the fee or using your debit or credit card directly (if allowed), but you need to determine the fees ahead of time and see if they make sense. Call your bank to find out what fees they require for this. At one point, there was no additional fee, though I doubt this is still the case. Sometimes it even is better to buy the foreign currency in the States ahead of time (though, obviously it's not very safe to carry all your currency).

Here are some more tips: http://www.ricksteves.com/plan/tips/money-travel-tips.htm

 

[pezdispenser]

Traveler's checks seem to have fallen out of vogue; most places in Europe charged a big fee to convert them to cash last time I visited.

The best deal the last time I went was either withdrawing cash using your debit card at an ATM and paying the fee or using your debit or credit card directly (if allowed), but you need to determine the fees ahead of time and see if they make sense. Call your bank to find out what fees they require for this. At one point, there was no additional fee, though I doubt this is still the case. Sometimes it even is better to buy the foreign currency in the States ahead of time (though, obviously it's not very safe to carry all your currency).

Here are some more tips: http://www.ricksteves.com/plan/tips/money-travel-tips.htm

Yep. Bank of America does not charge fees at ATMs of Barclays in the UK, BNP Paribas in France, BNL D'Italia in Italy and Deutsche Bank in Germany, so you can just walk up and withdraw local currency. The exchange rate is the standard bank rate with no margin added on there either.

Capital One credit cards do not charge international fees but European credit cards have an additional security chip on them, so some merchants and parking/vending machines may not accept your card.

 

[pezdispenser]

I guess I should look into international phone plans as well? Might be better to just be radio-silent for the month.

You can do international roaming with your current phone but it's kind of expensive.

Another option is to have a unlocked GSM phone, and you put in a SIM card from the local network over there. You get a local number and you pay the same rates that they do. at&t and T-Mobile phones are GSM but they may have certain policies regarding unlocking them.

Or if you have a smartphone and have access to wifi, you can use Skype or whatever, and pay their rates.

 

[Momus]

Arena jumps after weight loss drug approval.

So much money being made in exploiting fat people >_>;
http://247wallst.com/2012/06/27/tra...m_campaign=Feed:+typepad/RyNm+(24/7+Wall+St.)

 

[WVUPharm2007]

Such a simple molecule.

 

[Ackj]

Such a simple molecule.

How was this not "discovered" sooner? Something that simple had to have gone through assays a few times by now.

 

[STLclinical16]

I bought into Medco for the ESRX buy out and made some good money, so then tried to gamble on a biotech...i was stuck between Arena and AEZS and ended up buying AEZS and losing.

I finally have some time to study stocks again, anyone got a biotech or a more safe maybe generic pharma company theyve been looking at or thinking about buying?

 

[Its Z]

I bought into Medco for the ESRX buy out and made some good money, so then tried to gamble on a biotech...i was stuck between Arena and AEZS and ended up buying AEZS and losing.

I finally have some time to study stocks again, anyone got a biotech or a more safe maybe generic pharma company theyve been looking at or thinking about buying?

To profit quickly with pharma stocks you want to look at an independent start ups with no drug in the market but have a drug or 2 in phase III getting ready for the FDA PDUFA...even then make sure you read the actual publications to know it will receive favorable reviews by the FDA advisory board. You're looking for efficacy and safety foremost. You're jot going to hit these stocks daily....if you hit once or twice a year you can supplement your income nicely. That's my method. Here are the stocks I Played.

MNTA. look past 5 years. I got in when the FDA denied approval...and when stock crashed. Sold the day FDA approved it.
OPTR. that was an easy one.
ARNA. Took the first run.
GERN. many run ups and downs.
ATHX. in for long
TSRX. it should hit in 2 years.

And there have been more......but I look for those companies getting ready to breakthrough.

 

[southpharmindy]

So Z where do you find out what each of these startups has in their pipeline?

What does ATHX have that you like? Looks like a nice, small biotech. Do they have a blockbuster in there somewhere?

 

[Its Z]

So Z where do you find out what each of these startups has in their pipeline?

What does ATHX have that you like? Looks like a nice, small biotech. Do they have a blockbuster in there somewhere?

I read. No one source. Once I find an interesting company, I make sure they don't have other drugs on the market already. If so their market cap is already high and its not going up much unless they have a life changing blockbuster.

ATHX has a phase II drug called mulitistem. I like it because its nonembryonic stemcells that can repair ischemic tissue injuries....MI...stroke.... and these studies were done at Cleveland clinic and u of Texas. Pfizer is supporting it for their GI Program......colitis I think. Read the studies. And its only $1.50.

 

[STLclinical16]

Thanks so much. Read up, a little scared of multistem, but really like tedizolid. I see cubicin and zyvox being used more and more at my hospital even with vanco so cheap and maybe GAIN will go through?

 

[Its Z]

Scared of multistem why?

 

[Its Z]

Thanks so much. Read up, a little scared of multistem, but really like tedizolid. I see cubicin and zyvox being used more and more at my hospital even with vanco so cheap and maybe GAIN will go through?

The downside of tedizolid is it will comptete with generic Zyvox.

 

[Ackj]

The downside of tedizolid is it will comptete with generic Zyvox.

All those darn abx stewardship folks will restrict the hell out of it too

 

[STLclinical16]

Scared of multistem why?

just seems a longgg way off and tiny market cap. but for a $1.50 might be worth sitting on

 

[daysinnnc]

I was browsing through blogs on Google and found a great blog that is run by some pharmacy student. Looks helpful.
I've heard about "Linaclotide for CC and IBS" i might put some money in this one.
http://a6research.blogspot.com/