BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Gilead (GILD) shelves blood pressure drug]]>http://www.bloggingstocks.com/2009/12/15/gilead-gild-shelves-blood-pressure-drug/http://www.bloggingstocks.com/2009/12/15/gilead-gild-shelves-blood-pressure-drug/http://www.bloggingstocks.com/2009/12/15/gilead-gild-shelves-blood-pressure-drug/#commentsFiled under: , , , ,

GILD logoGilead Sciences (GILD - option chain) stock is trading lower today after the company announced last night that its hypertension treatment darusentan missed the primary goal of a Phase III trial. As a result, GILD says it has ended development of the drug in favor of spending resources on other products in its pipeline. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on GILD.

This morning, GILD opened at $45.90. So far today the stock has hit a high of $46.28 and a low of $45.01. As of 12:15, GILD is trading at $45.18, down $1.78 (-3.8%). The chart for GILD looks bullish and S&P gives GILD a positive 5 STARS (out of 5) strong buy ranking.

Continue reading Gilead (GILD) shelves blood pressure drug

Gilead (GILD) shelves blood pressure drug originally appeared on BloggingStocks on Tue, 15 Dec 2009 13:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>drug trialsDrugTrialsGILDGilead SciencesGileadScienceshypertensioninthenewsInvestors ObserverInvestorsObserveroptionsTue, 15 Dec 2009 13:20:00 EST<![CDATA[AstraZeneca (AZN) gets good trial results from heart attack drug]]>http://www.bloggingstocks.com/2009/05/11/astrazeneca-azn-gets-good-trial-results-from-heart-attack-drug/http://www.bloggingstocks.com/2009/05/11/astrazeneca-azn-gets-good-trial-results-from-heart-attack-drug/http://www.bloggingstocks.com/2009/05/11/astrazeneca-azn-gets-good-trial-results-from-heart-attack-drug/#commentsFiled under: , , , ,

AZN logoAstraZeneca (NYSE: AZN - option chain) shares are rising today after the company said its experimental heart pill, Brilinta, was more effective at preventing heart attacks and strokes in a large clinical trial than Plavix, a drug made by competitors Sanofi-Aventis (NYSE: SNY) and Bristol-Myers Squibb (NYSE: BMY). If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on AZN.

AZN opened this morning at $38.16. So far today the stock has hit a low of $37.83 and at 11:25 is trading at the days high of $38.21, up 2.07 (5.7%). The chart for AZN looks neutral and S&P gives AZN a neutral 3 STARS (out of 5) hold ranking.

Continue reading AstraZeneca (AZN) gets good trial results from heart attack drug

AstraZeneca (AZN) gets good trial results from heart attack drug originally appeared on BloggingStocks on Mon, 11 May 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>astrazenecaAZNdrug trialsDrugTrialsinthenewsinvestors observerInvestorsObserveroptionsMon, 11 May 2009 12:30:00 EST<![CDATA[Cephalon (CEPH) sees positive bipolar drug results]]>http://www.bloggingstocks.com/2009/03/17/cephalon-ceph-sees-positive-bipolar-drug-results/http://www.bloggingstocks.com/2009/03/17/cephalon-ceph-sees-positive-bipolar-drug-results/http://www.bloggingstocks.com/2009/03/17/cephalon-ceph-sees-positive-bipolar-drug-results/#commentsFiled under: , , ,

CEPH logoCephalon (NASDAQ: CEPH - option chain) shares are headed higher today after the company reported its positive results from a phase two clinical trial of its bipolar I disorder drug NUVIGIL. The company plans to advance the drug to phase three trials, and hopes to launch the drug in the third-quarter of 2009. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on CEPH.

CEPH opened this morning at $66.50. So far today the stock has hit a low of $65.66 and a high of $68.13. As of 12:00, CEPH is trading at $67.51, up 4.32 (6.8%). The chart for CEPH looks bullish and S&P gives CEPH a positive 4 STARS (out of 5) buy ranking.

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Cephalon (CEPH) sees positive bipolar drug results originally appeared on BloggingStocks on Tue, 17 Mar 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CEPHCephalondrug trialsDrugTrialsInvestors ObserverInvestorsObserveroptionsTue, 17 Mar 2009 14:00:00 EST<![CDATA[Amgen (AMGN) drug trials cause worry]]>http://www.bloggingstocks.com/2007/12/17/amgen-amgn-drug-trials-cause-worry/http://www.bloggingstocks.com/2007/12/17/amgen-amgn-drug-trials-cause-worry/http://www.bloggingstocks.com/2007/12/17/amgen-amgn-drug-trials-cause-worry/#commentsFiled under: , , ,

Amgen Inc. (NASDAQ: AMGN) reported Friday after market close positive initial results from its tests of denosumab, a drug designed to increase bone density in breast cancer patients. AMGN stock is down this morning, however, as analysts await larger trials of the drug as the company has come under fire due to safety, reimbursement and label concerns about its anemia drug franchise. There are some indications of a higher rate of infections with AMGN's drug, but due to the relatively small sample size it would be tough to draw conclusions. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on AMGN.

After hitting a one-year high of $76.95 in January, the stock hit a one-year low of $48.25 last week, which it has broken this morning. This morning, AMGN opened at $48.02. So far today the stock has hit a low of $47.67 and a high of $48.13. As of 11:30, AMGN is trading at $47.92, down $0.48 (-1.0%). The chart for AMGN looks bearish and steady, while S&P gives the stock a positive 4 STARS (out of 5) buy rating.

For a bearish hedged play on this stock, I would consider an April bear-call credit spread above the $60 range. A bear-call credit spread is an options position that combines the purchase and sale of call options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make a 6.4% return in four months as long as AMGN is below $60 at April expiration. Amgen would have to rise by more than 25% before we would start to lose money.

Continue reading Amgen (AMGN) drug trials cause worry

Amgen (AMGN) drug trials cause worry originally appeared on BloggingStocks on Mon, 17 Dec 2007 12:36:00 EST. Please see our terms for use of feeds.

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