Rich
05-11-2007, 10:19 PM
I was researching a term called 'Volatility Smile" and found this site.
http://investor.biodel.com/glossary.cfm?FirstLetter=0
There are ton's of investment information here. But thats not the impressive part, its a BIO stock that went up 20% today and its an IPO
I read the profile and it seems the base of their buisness is using already approaved FDA drugs, mixing them into different compounds and marketing them as a specialty drug. The are also working on development of some new drugs in hopes of FDA approaval. I suspect this means that they might show a profit since they do have a product to sell and not just paying for R&D.
Not a lot of info for me at this time to make a decision concerning an investment or trade, its just too bad we all didn't have a couple of grand in it yesterday :-)
Rich
http://finance.yahoo.com/q?s=BIOD
http://investor.biodel.com/glossary.cfm?FirstLetter=0
There are ton's of investment information here. But thats not the impressive part, its a BIO stock that went up 20% today and its an IPO
I read the profile and it seems the base of their buisness is using already approaved FDA drugs, mixing them into different compounds and marketing them as a specialty drug. The are also working on development of some new drugs in hopes of FDA approaval. I suspect this means that they might show a profit since they do have a product to sell and not just paying for R&D.
Not a lot of info for me at this time to make a decision concerning an investment or trade, its just too bad we all didn't have a couple of grand in it yesterday :-)
Rich
http://finance.yahoo.com/q?s=BIOD