Wednesday, October 26, 2005

Flu Stocks - Update

AVII....Bought 2.25....Current 3.60.......+60%
BCRX....Bought 8.69....Current 15.22......+75%
CRXL....Bought 24.13...Current 26.67......+11%
DVAX....Bought 6.00....Current 6.30........+5%
HEB.....Bought 2.02....Current 3.30.......+63%
NNVC....Bought 0.09....Current 0.50......+450%
NVAX....Bought 1.49....Current 4.95......+232%
SVA.....Bought 4.05....Current 6.25.......+54%
VICL....Bought 6.00....Current 5.25.......-13%

Average per equally weighted portfolio = +104%

What do we do now? These are all stocks that I have picked along the way as longer term trades (aka Buy & Hold) in biotechnology stocks participating in the avian flu sector. Some of the winners here may have been lucky guesses, but I did put some thought, research and analysis into each pick. Whether that was a good idea or not has yet to be determined, but, so far, so good.

Are these as a group, or individually, still good buys? I just don't know. I am maintaining a core position in each listed stock and have been adding trading positions from day to day. What seems to be working is to buy a trading position after a bad day or two and sell after a good day or two, while leaving the core position untouched.

Since the avian flu story seems to be closer to the beginning then the end, I would guess that all of these are closer to Buys then to Sells.

A

2 comments:

Anonymous said...

stunnig performance mister alan sector basketing looks good.You mentioned aavi in your list perhaps intended avii?
I'm in late with this train but guess i still can get it on the fly.Thanks for this illuminating blog.

A said...

thanks for catching the typo....I don't think its too late to get into any of these, just maybe ease your way in at this point.

A