Posted by: u_day February 12, 2006
Stocks Again
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Hukka bro I looked into BMRN as you suggested above. It looks like BMRN with its current price at 11.96 is around its 52wk high and it has been swinging between $6-$12 for past 5 years. All time his is around $40 in 2000 according to www.marketwatch.com. So, looking at the chart I woudn't bet on the stock beside the company has been posting net loss since 2000, which has been increasing every year. I wouldn't invest in it unless it has some drug lined up for FDA approval. Then again it would be very risky. What do you think about starbucks (sbux)? Hot cup of dark roast coffee would be great in a winter morning. What about burgerKing, eh? BK is having IPO later this year. I sure it will jump by 100%+ in first couple of days, just like chipotle couple of days ago. Here's a link on BK IPO news: http://www.smartmoney.com/news/ON/index.cfm?story=ON-20060203-000601-1318
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