So for the past 10 days i've been looking into biotech stocks, and what makes them shoot up sometimes more than 1000 %
I'm therefore beginning to look into which biotech stocks would be interesting to invest in.
I've been trying to look for companies who is waiting or is in the process of getting PDUFA from FDA or are close somewhere around phase 2/3.
Im looking for companies in and around these phases mainly because from my research this is where the stocks usually rise a lot.
I've heard a lot of people talking about cancer stocks is where the big potential is, but damn its hard to find companies i like.
I have found a couple i like so as IOVA and VSTM.
I would like to hear your guys suggestions, do you hold any biotech stocks? which? and why?
THX