BioSante Pharmaceuticals (NASDAQ: BPAX) Brings Another Big Win!
Our Fav. little bio-tech that could came out with some roachy news this AM which I awared you all of during pre-market, so I hope you were all paying attention, and please no whining about how you missed out again haha!
The news you may have missed this morning: http://www.stockroach.com/biosante%e2%80%99s-pancreas-cancer-vaccine-shows-over-60-survival-increase-in-newly-presented-study/
It was a trader’s delight as shares of BioSante Pharmaceuticals (NASDAQ: BPAX) rocked and rolled from .77 all the way to .95 bringing in some lip smacking solid gains upwards of 23%!
BPAX was originally alerted here at the StockRoach at a PPS of .45, and I hope some of you are holding onto some rainy day shares at that price because BPAX’s GVAX pipeline is the largest cancer vaccine portfolio according to Mr. Stephen Simes the CEO of BioSante.
He presented at Citi’s healthcare conference today and you can listen to the webcast at this link: http://www.veracast.com/webcasts/citigroup/healthcare2012/62113453.cfm
Rumors of a TEVA merger still abound, but keep in mind that it is purely a rumor being thrown around by speculators ever since BPAX has taken 3 drugs to market, Androgel for Abbott laboratories (NYSE: ABT) and Elestrin and Bio-T Gel for TEVA Pharmaceuticals (NASDAQ: TEVA).
Shares of BPAX closed up 14% from Friday’s closing price, and is currently up 17% during after hours trading.
I’ll get to a quick chart update and a sneak peek at a stock that’s in one of the hottest sectors after this REMINDER:
SIGN UP TODAY and start proudly calling yourself a Stockroach! Does everyone here remember the StockRoach motto? We do all the work, and YOU rake in the PROFITS! Click “Right Here” and then don’t forget you have to confirm the “activation” link in your email or you will just be wasting your time waiting for the next winner while the rest of us cash in. Once you confirm your FREE subscription you can also download your very own FREE copy of our e-Book, “A bottom feeder’s guide to surviving penny stocks.”
Don’t forget to join the thousands of other roaches on Twitter for intraday plays, and for heads up tweets when things get HOT at the StockRoach!
The StockRoach Twitter feed: http://twitter.com/#!/TheStockRoach
Here’s a quick look at the charts for BPAX:
Support for BPAX comes in at .80 with a lower level support at .67, and resistances lies ahead at .88, .95 and .$1.05.
BPAX chart courtesy of stockcharts.com: http://stockcharts.com/h-sc/ui?s=BPAX&p=D&b=5&g=0&id=p81760577242
Stay tuned and stay hungry roaches because if my roachy senses are correct my alert tomorrow just might blow pinkyland away. It’s a part of one of the fastest growing sectors on Wall St. and with everyone trying to find out which stocks can explode by piggybacking off of the Facebook IPO hype, you are not going to want to miss out.
Senorita “BOOM profits everywhere!” Roachita
Disclosure: These corporate profile are provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell BPAX, ABT and TEVA at any time after this post.
Leave a Response