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Small Biotech: Moving Out On The Risk Curve

Summary

The biotech sector broke through upward resistance levels that have broken previous rallies in 2016. The recent rally has been led by good earnings reports and an uptick in M&A.

Biotech investors should start to think about moving slightly out on the risk curve to take advantage of the next stage of a possible longer rally.

"Tier 3" biotech stocks hold the most attraction in the small biotech space as they should do well as standalone entities but also are prime buyout candidates.

"He who is not courageous enough to take risks will accomplish nothing in life." - Muhammad...


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