Looking to buy one of these 2 which would be a better buy for a one year hold. AUML @ .52 cents OR TFCT @.06 cents. OR buy a little of both?
Posted by glassman on :
a year is a LONG time in the pennies.... if you are looking at one year holds --look at SNVBF it's 3.20$ today ---they are a vaccine development company in China and they are getting a lot of money from the US Govt through NIH---- they only have 34 million shares on the open market, so the price jumps around a bit. this price is a pretty good buy at under 3.50$ in my opinion.... remember it could go down, China is an unproven market for foreign investments...biotech stocks live and die based on very risky variables---including bad outcomes of research but if it goes up due to getting aproval on any of a couple of vaccines they are working on... they will have all of china for customers... they are the only company in the world that has a SARS vaccine in human clinical trials... i have them myself for a one year-or more hold....