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  • Stocks to Watch Thursday | 03/04/2010 | ANPI | MDVN [Medivation]

    Biotech stocks
    Wednesday March 3, 2010, 11:15 pm EST
    Hot Stocks to Watch For Thursday 03/04/2010 
    MDVN , ANPI 

    Hey Friends,



    Hot stocks to watch on Wednesday 03/04/2010  are
    MDVN - Medivation Inc.
    ANPI - Angiotech Pharmaceuticals Inc.


    MDVN - Bad News - Tanked - Overselling - Good chances of correction.
    I would consider buying a good amount Thursday morning. It would give a nice profit in a month. It was a clear overselling of the stock. I have seen many Biotech stocks in the past which tanked after bad results for drug but came back soon after. Look for more and more news about this one on this website.
    News
    Medivation, Pfizer Alzheimer's drug fails study
    The clinical failure of the drug Dimebon is a blow to efforts to combat Alzheimer's disease, the memory-robbing degenerative condition that afflicts 26 million people globally. Current drugs, such as Pfizer's Aricept, have a minimal effect in improving symptoms.Dimebon also did not meet its secondary efficacy goals in the 598-patient Phase 3 trial, known as Connection, whose results were released on Wednesday.
    Source : Reuters 

    ANPI - A very promising stock. Good products and Excellent pipeline. Suspecting After-Hours on Wednesday. Buy at very low on Thursday morning and hold. Excellent chances of profit.

    News
    A Hot Stock to Watch: ANPI
    Angiotech Pharmaceuticals, Inc. (ANPI) is a global specialty pharmaceutical and medical device company that discovers, develops, and markets innovative technologies and medical products primarily for local diseases or for complications associated with medical device implants, surgical interventions and acute injury.
    Source : Fool

    We are here to make Money and we will succeed.

    God Bless,
    Be Rich.

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