re: bioshares - buy? From the chart, I don't see any strong buy. However, ANP has had some promising results from their MS drug, which appears to be backed up by the fast-tracked drug from ? in the US, and they have US interest in them (Isis). So, I wouldn't be too concerned about ANP at this stage.
It's an entirely different matter however if you are looking for a fast buck from ANP - or indeed any other biotech, it's the nature of the beast. Time frames in the bio sector are a killer - long periods of stagnation, with occasional explosive spurts - and for my money are rarely worth the wait.
I have a few ANP, and am looking to exit around 16c. I thought ANP would have shown a bit further upside from its recent rounding bottom, but it collapsed..... better luck next time.
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re: bioshares - buy? From the chart, I don't see any strong buy....
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