Biotech Growth Share Discussion Threads

[affemoose] 17/2/2015 11:43

Nice discount on this at the moment

"The estimated un-audited net asset value, calculated in accordance with the
guidelines of the Association of Investment Companies, for The Biotech Growth
Trust PLC at the close of business on 13 February 2015 was 741.85p (ex & cum
income). "

[stewpot3] 04/2/2015 17:50

Yes I do. What do you mean, your out?

[trewsa] 04/2/2015 14:59

See what I mean? Looks like I'm out.

[trewsa] 04/2/2015 12:24

Because most biotech firms are in the USA so it depends how they go in the afternoon.If you look at IBB (ETF) on here (easier to see on a spreadbetting site) it gives you an idea;yesterday quite a big drop which mostly recovered later.

[stewpot3] 04/2/2015 08:44

Is there any particular reason why this share always starts brightly in the morning and seems to fade as the day goes on?

[affemoose] 26/1/2015 13:10

I'm using Stop Losses, so may not get today's price but still will get out at a decent profit, but also keep any gains.

Trick is - picking the right level... only time will tell on whether i've done that.

[richtea1701] 26/1/2015 12:55

Taken a chunk out today. The rest can go to a tenner if it wants.

[philo124] 23/1/2015 17:32

Well old gets like me can remember the bio/tech crash c15 years ago. History is bunk, as they say. Thanks.

[affemoose] 23/1/2015 17:16

Never apologise for taking profit Phil.

[philo124] 23/1/2015 16:55

What a fund! Had I not trimmed my holding several times taking profit from c£6 would now have £60k in fund instead of £20k.

[affemoose] 23/1/2015 16:18

Ah, great performance!!

Swiss, listed in Switzerland, Germany and Italy.

I suspect that this has benefited very much from the strengthening CHF, but a good tip to look into, thanks.

Interestingly - looking at the last 3 years I see pretty much parity!

[luckymouse] 23/1/2015 10:29

Richtea1701 - there are a small handful as good as this one - look at the trustnet.com Inv Trust performance tables - especially the annual performance tab

ATB LM

[affemoose] 14/1/2015 11:24

Will do re: Woodford ( )

i am struggling with where to put a stop loss on this bad boy, it's been pretty volatile lately so i don't want to get dumped out for no real reason, but would like to protect myself just in cast it (read: World economy) all goes to hell in a hand basket.

I think it has to be somewhere around one of these: 700/645/630

I don't want to sell out for no reason and it has recovered and some every time recently.

The 630 seems to be the Fib 50% retrace line after the climb from 500, but why pick 500 etc etc etc

Any thoughts?

[richtea1701] 13/1/2015 16:23

If only they were all like this beauty.

[philo124] 12/1/2015 22:54

Thanks, keep us posted on this.

[affemoose] 12/1/2015 09:43

I prefer BIOG management though.

Heard somewhere that Woodford is considering starting a BIOTECH fund, which could be quite interesting. He holds a fair few unlisted early doors tech companies already, so has visibility of what is coming from the innovation side of things as well as being a believer in the Big Pharma's.

[philo124] 08/1/2015 08:24

Has slightly underperformed IBT over last 3 months probably due to the latter's narrowing discount to NAV.

[richtea1701] 23/12/2014 05:32

Another dip if you missed last week. Based on Gilead Sciences taking a hit as rival gets approval for Hepatitis drug.No worries for me.

[philo124] 17/12/2014 22:22

Nice recovery.

[bigwilly1986] 17/12/2014 20:48

Nice rise over the pond tonight, we're back in the game

[scottishfield] 16/12/2014 16:27

well done to those that did that today. (me? yesterday )

[richtea1701] 16/12/2014 09:41

Top up boys