Some Pullback Picks Looking For An Excuse To Rise

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Tuesday November 3, 2009 9:59 AM PST

By M.E. Garza

Vinny Cassano is a columnist and contributor at BioMedReports and authors the popular blog VFC's Stock House here he shares his thoughts wiith us on his favorite pullback picks:

When an entire sector - or the broad market as a whole - decides to take a dip, that's when I like to go on a buying spree and as investors of the biotech/small pharma sector well know, it's been a rough few weeks. The shorts have jumped on board and taken control after the previous runup gave many biotech stocks a liftoff earlier this year.

There's no doubt that it's tough to sit there and look at your portfolio during the pullbacks, as the stocks that you've been accumulating for the long term will lose much of the unrealized profit value - or dip into overall negative territory; sometimes pretty significantly into negative territory.

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It's at times like this where the longer-term investor needs to gut it out, ignore the red (or less green) in the portfolio and add shares to those positions that have not dropped as a result of bad news, but have dropped along with a sector or market pullback.

Truth be told, we need pullbacks like this one because it gives us a chance to buy in for prices that allow the small investor to average down, reduce the overall risk a little and make it easier to bank some profits during the next run.

Additionally, the reason why we sell stocks on the way up is not only to go on vacation or eat out a whole lot more, but to make sure that there is cash on hand in the event of a pullback. Those that were all-in during the market crashed over the past couple of years missed out on a big buying opportunity late last year and early this year, but those that kept some cash on the sidelines to throw at the market while everything was on sale made off pretty well.

In fact, if there is any positive to come from the most recent economic collapse, it's that a lot of small-time investors had a once in a lifetime opportunity to jump in low and build a stockpile of investments that only a few years ago would have been unheard of. Who would have though Citi or Ford for a dollar; GE for about six bucks? Nordstrom for under ten bucks? And on the speculative side, SIRI for five cents and a slew of biotechs for a dime or two?

The point is that it's too easy to be scared away from the market on a significant drop, and it takes fortitude to be able to buy when others are selling - as long as you're confident in your DD and confident that the stock is not dropping as a result of bad news relating specifically to that stock.

Here are four stocks whose shares I purchased more of on the pull-back and the reasons why:

BioDelivery Sciences International, Inc. (NASDAQ:BDSI)

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    3.97 +0.02 (+0.51%)

With Onsolis approved and on the market (according to a PR a few weeks ago that stated the Onsolis launch was imminent), this stock should rebound nicely when real revenues start rolling in early next year. With the heavyweight marketing help of Meda behind the Onsolis launch, I think that there's a good chance that significant revenue will start rolling in that quick.

BioDelivery also has potential milestone payments coming the company's way and a pipeline of possibilities utilizing the now validated BEMA technology.

I'm a very patient investor, and while I'm sitting out this pullback, I'll be adding to my position of BDSI. While I do consider BDSI a growth stock for the long term at this point, I also consider a short to mid term speculative play because I think a quick double from these levels could be in order with the right news release.

CEL-SCI Corporation (AMEX:CVM)

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color: #646464; } .fc INPUT.go, .fc INPUT.button { background-color:#EFEFEF; border:1px solid #CCCCCC; color:#000000; cursor:pointer; height:26px; padding: 0px 4px 1px 4px; text-transform: uppercase; } .fc SELECT{ background-color:#FFFFFF; border: 1px solid #DDDDDD; font-weight: normal; } .fc A.lookup { font-size:11px; color: #5476AF; text-decoration:none; margin-left:6px; } .fc A:hover.lookup { text-decoration: underline; color:#5476AF; } /* NEW tabbed detailed quote LINKS 2007*/ .fc .fctabs { border-bottom: solid 1px #DDDDDD; margin-bottom:5px; margin-top:10px; padding-left:0px; margin-left:1px; } .fc .fctabs .tab { float:left; margin-right:0px; margin-left: -1px; border: solid 1px #DDDDDD; background-color: #FFFFFF; padding: 3px 8px 3px 8px; margin-bottom: -1px; } .fc .fctabs .activetab { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs .tab:hover { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs A.tab { font-size:11px; cursor:pointer; cursor:hand; font-weight: bold; text-decoration:none; } .fc .fctabs A.activetab, .fc .fctabs A.tab:hover { font-weight: bold; color: #5476AF; text-decoration: underline; } .fc .fctabs A.tab:hover { text-decoration: none; } /* END tabbed detailed quote LINKS*/ /* Indexbrowser tabs */ .fc .sectors .data BR{ margin-top:5px; } .fc .sectors .data .active{ text-decoration:underline; background-color:#FFFFFF; } .fc .sectors .active{ background-color: #DDDDDD; border: 0px; } /* Hover Box */ .fc .newsHoverBox { padding: 10px; margin: 5px 0px 0px 35px; border: 1px solid #000000; background: #FFFFFF; } /* Channellist */ .fc .channellist IMG{ display:inline; } .fc .channellist .image{ padding:10px; text-align:center; } .fc .channellist .content{ padding:10px; } /* Mediachannel CSS */ .fc .mediachannel IMG{ display:inline; border:0px; } .fc .mediachannel .label{ font-weight:bold; padding:0px; } .fc .mediachannel .sidebar { float:left; width:150px; border:0px solid #DDDDDD; margin-right:12px; margin-bottom:12px; margin-top:5px; margin-left:0px; } .fc .mediachannel .image { width:150px; vertical-align:top; } .fc .mediachannel .title .data{ color: #999999; font-weight: bold; font-size:18px; margin-bottom:5px; margin-top:5px; } .fc .mediachannel .channel{ margin-bottom:0px; } .fc .mediachannel .channeltype,.fc .mediachannel .language { margin-bottom:0px; } .fc .mediachannel .subbutton .rss{ padding-right:100px; } .fc .mediachannel .rssbutton .rss IMG{ margin-bottom:1px; margin-top:-1px; border:0px; } /* END Mediachannel */ /* BEGIN Mediasearch */ .fc .mediasearch FORM{ padding:10px 0px 10px 0px; margin:0px; } .fc .mediasearch INPUT.searchtxt { border: 1px solid #999999; width: 160px; font-weight: normal; } .fc .mediasearch INPUT.button{ } .fc .mediasearch SELECT{ } /* END Mediasearch */ /* NEW tabbed CSS for snapshot 2007*/ .snapshot .fcsnaptabs { border-bottom: 0px; border-left: solid 1px #DDDDDD; } .snapshot .fc .row td, .fc .row1 td, .fc .row2 td { border:0 none; padding:5px 2px; } .snapshot .fcsnaptabs .spacer { display:none; } .snapshot .fcsnaptabs .tab { } .snapshot .fcsnaptabs .tab A { border-top: solid 1px #DDDDDD; border-right: solid 1px #DDDDDD; border-bottom: solid 1px #DDDDDD; border-left: solid 0px #DDDDDD; display:block; background-color: #EEEFF0; padding: 3px; color: #5476AF; font-weight: bold; font-size:11px; text-decoration:none; cursor:pointer; cursor:hand; text-align:center; text-transform: capitialize; } .snapshot .fcsnaptabs .activetab A, .snapshot .fcsnaptabs A:hover { color: #5476AF; background-color: #FFFFFF; border-bottom: solid 1px #FFFFFF; text-decoration: underline; } .snapshot .fcsnaptabs A:hover { text-decoration: none; } /* END tabbed CSS snapshot */ /* main snapshot CSS */ .snapshot .charts .data A { font-weight: bold; } .snapshot .charts .data { font-weight: bold; padding-left:5px; padding-top:3px; padding-bottom:0px; } .snapshot .charts IMG { margin-left:auto; margin-right:auto; margin-top:5px; margin-bottom:5px; display:block; } .snapshot .data { font-size: 11px; } .snapshot .morelink { padding:5px 0px 10px 10px; text-align:left; } .snapshot .morelink A { font-size: 11px; font-weight: bold; background-image: none; padding-left: 0px; } .snapshot .morelink A:hover { background-image: none; } .snapshot .divider { font-weight:normal; color:#5476AF; margin:0px 2px 0px 4px; } .snapshot .getquote { padding-top:10px; } .snapshot .positive, .snapshot .negative { text-align: right; } /* SNAPSHOT TWO - HOME PAGE WIDGET */ .snapshot2 { background-color: #FFFFFF; border: solid 1px #999; } .snapshot2 TD { text-align: left; white-space:nowrap; background-color: #FFFFFF; padding:3px; vertical-align: top; } .snapshot2 .chart, .snapshot2 IMG.chart{ margin:0; } .snapshot2 .title .inactive, .snapshot2 .title .active{ display:none; } .snapshot2 .quotes TD { padding:3px; border-bottom:0px solid #EEEEEE; font-weight: bold; color: #5F5F5F; } .snapshot2 .quotes .active TD{ background-color: #EEEFF0; color: #000; } .snapshot2 .quotes A { color: #7B97AC; } .snapshot2 .quotes .active A{ color: #5476AF; text-decoration: none; } .snapshot2 .quotes .active .positive {color:#00A00F;} .snapshot2 .quotes .active .negative {color:#DA100F;} .snapshot2 .quotes .change, .snapshot2 .quotes .data { text-align:right; } .snapshot2 .attribution {display: none} .snapshot2 .getquote .box {} /* MarketUpdates css */ .marketupdates { } .marketupdates .header{ } .marketupdates .row TD, .marketupdates .row1 TD, .marketupdates .row2 TD {border-bottom: solid 0px #DDDDDD; padding:5px 0px; background-color: #FFFFFF} .marketupdates TH.subhead{ padding: 5px 0px 5px 0px; } .marketupdates TD.data A{ color: #000000; } .marketupdates TD.morelink{ padding-top:6px; } /*get quote component*/ .getquote { } .getquote .subhead{ font-size: 11px; color: #646464; font-weight: normal; padding: 2px 5px; } .getquote H5 { font-size: 15px; color:#000000; font-weight:bold; text-transform: capitialize; text-align:left; padding: 0px 5px; } .getquote .box { padding: 5px 0px 5px 5px; } .getquote .morelink { padding:5px 0px 10px 10px; text-align:left; } .getquote .morelink A { background-image: none; padding-left: 0px; } .getquote .morelink A:hover { background-image: none; } /* Watchlist Widget */ .watchlist .data { font-size: 11px; } .watchlist .getquote H5 { font-size:12px; padding:0px; } .watchlist .getquote .box { padding: 2px 0px 5px 0px; } .watchlist input.text, .watchlist input.ticker { width: 90px; } .watchlist input.go, .watchlist input.button { } .watchlist .attribution {display: none} .watchlist .morelink A{ font-size: 10px; } /* Stockquote Module with PR ticker specific */ .stockquote .data { font-weight: bold; } .stockquote .ticker A{ font-weight: bold; } .stockquote DIV.chart{ margin-top: 0px; margin-bottom: 3px; } .stockquote TABLE.submenus { margin-left: 0px; } .stockquote .attribution { display: none } /* Stockquote2 Module custom */ .stockquote2 { } .stockquote2 TABLE.maintable{ border-bottom: solid #CCC 1px; } .stockquote2 .row TD{ padding:2px; font-weight: bold; } .stockquote2 .top{ border-top: solid #CCC 1px; border-bottom: solid #CCC 1px; } .stockquote2 .top A.ticker { font-size: 13px; line-height: 26px; font-weight: bold; text-transform: capitialize; } .stockquote2 .top .timestamp { text-align: left; padding-bottom:5px; font-size:11px; color: #666; } .stockquote2 .morelink A, .stockquote2 .morelink A:hover{ margin-left:3px; background-image: none; } .stockquote2 .last, .stockquote2 .negative, .stockquote2 .positive, .stockquote2 .unchanged { font-size:16px; font-weight: bold; } .stockquote2 TH { border-bottom:0px solid #DDDDDD; color:#999; font-size:11px; font-weight:normal; padding: 2px; text-align:left; } .stockquote2 .toptable{border-bottom: solid #CCC 1px;} .stockquote2 .bottomtable{} .stockquote2 .attribution { text-align: right; padding: 2px; } /* Stockquote3 css */ .stockquote3 TABLE.submenus { margin-left: 0px; margin-right: auto; } .stockquote3 .lasttrade { font-size: 12px; color: #646464; text-align: right; padding-top:4px } .stockquote3 .submenus TD A{ padding:2px 4px; } .stockquote3 TD.data { text-align: right; } .stockquote3 .attribution { text-align: right; padding: 4px; } /* Stockquote4 css */ .stockquote4 TH A { font-size:13px; text-decoration: none; font-weight: bold; } .stockquote4 .label, .stockquote4 .data, .stockquote4 .lasttrade { } .stockquote4 .data, .stockquote4 .lasttrade { text-align: right; } .stockquote4 DIV.menu { border-top:1px solid #DDDDDD; } .stockquote4 DIV.menu A { padding:5px; line-height:30px; } .stockquote4 .attribution { text-align: right; padding-bottom:5px; } .stockquote4 TABLE.submenus { margin-top: 5px; } .stockquote4 .minichart {margin:10px} /* Stockquote5 Module Large chart */ .stockquote5 {margin-left: auto; margin-right:auto; width:580px} .stockquote5 .data { font-weight: bold; font-size:24px; } .stockquote5 TABLE.submenus { display:none; } .stockquote5 .uparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/green_up.gif') no-repeat 0% 0%; font-size: 48px; } .stockquote5 .downarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/red_down.gif') no-repeat 0% 0%; font-size: 48px; margin-right:20px} .stockquote5 .changeprice {font-size:40px;} /*MARKETS MODULE - minimal height*/ .markets TD.data, .markets TD.label, .markets A, .markets TD.divider{ background-color: #ffffff; padding: 1px; } .markets TD.label{ display:none } .markets .data, .markets .data A { white-space: nowrap; padding:2px; margin:0px; font-size:13px; font-weight: bolder; font-family:Arial, sans-serif; } .markets .data A { font-size: 14px; line-height: 24px; } .markets .lastprice { font-size: 10px; } .markets TD.divider{ padding:0px; display: none; } .markets .uparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/green_up.gif') no-repeat 0% 0%; font-size: 49px;} .markets .downarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/red_down.gif') no-repeat 0% 0%; font-size: 49px;} .fc .items { height: auto; } /* client overrides */ .button { background: none; } .header { height: auto; }
    1.10 +0.18 (+19.54%)
Quotes delayed at least 20 mins.

I couldn't resist adding shares at eighty seven cents on Monday as the stock continued to slide. No news has been released to justify the recent price action, yet with so much possible news pending over the short to mid term, I couldn't help but add to my position of the stock near the low of the day.

Over the years I have accumulated CVM with strictly a long term outlook, but the lower the stock slides, it becomes a decent short term play as well.

According to this article, officials at Cel Sci will release an update on the H1N1 LEAPS program "very soon", and many longs of the stock have been 'long' awaiting an update. There are impatient investors out there who want to see the company respond to the day to day action of the stock price, but I'm the type that doesn't believe it should issue news unless it's 'quality' news; meaning no fluff.

Remember, earlier this year I thought that Cel Sci was issuing some 'fluff' with the early swine flu PRs, but the one PR that indicated that the FDA had cleared the company to conduct some initial testing is the one that validated the 'LEAPS to potentially treat H1N1' platform, in my opinion.

Additional news that should be released within the next couple of months regarding Cel Sci is the validation of the Baltimore area facility and the commencement of the Multikine Phase III trial.

It's tough to predict day to day price action in a stock that is being played such as CVM, but I'm sure of one thing - the lower this one goes, the more I will buy.

My ultimate horizon for investing in CVM is for the long term - to see how Multikine plays out - but there's enough potential news that could hit the wires over the short term that the impatient investor could also be quickly satisfied.

Antigenics, Inc. (NASDAQ:AGEN)

/* Global CSS Styles */ .fc * { padding:0px; border:0px; margin:0px; color: inherit; } .fc, .fc TABLE, .fc TD, .fc INPUT, .fc SELECT { font-family: Arial,Helvetica,Geneva,Sans-serif; font-size:12px; color: #000000; } .fc IMG { display:block; } .fc TD { empty-cells: show; } /* END Global CSS */ .fc .data {color:#000000; text-align: left} .fc .label {font-weight: normal; color: #646464} .fc A { text-decoration: none; color: #5476AF; } .fc A:hover{ text-decoration: underline; color: #6B94B0; } .fc .boxspacing, .fc TABLE.indexinfo, .fc TABLE.title {width: 100%; margin-left: auto; margin-right: auto} .fc .boxspacing DIV.fctabs {width: 100%} .fc td.spacer {padding:5px;} .fc .row TD, .fc .row1 TD, .fc .row2 TD {border:0px; padding: 5px} .fc .row1 TD {background-color:#FFFFFF;border-bottom:solid 0px #DDDDDD; } .fc .row2 TD {border-bottom:solid 0px #DDDDDD; background-color: #EEEFF0;} .fc .rowheader {background-color: #FFFFFF} .fc .horzline { height: 0px; empty-cells: collapse;} .fc .box {border-width: 0px; } .fc .tab {background-color: #FFFFFF} .fc .activetab {background-color: #FFFFFF; font-weight: normal;} .fc .bicolor {color:#000000} .fc .pubdate {font-size: 11px;} /* Article sidebar tools */ .fc .sidebar { display: none; } .fc .fcchartimg, .fc IMG.chart {margin:8px 10px 8px 10px} .fc .fcminichartimg { vertical-align: middle;} .fc .positive {color:#00A00F;} .fc .negative {color:#DA100F;} .fc .header { font-size: 15px; color:#616161; font-weight:bold; text-align:left; padding: 2px 0px 2px 2px; text-transform: capitialize; } .fc .header .timestamp { color:#646464; } .fc .headerborder { border-bottom: 0px solid #646464; } .fc TH, .fc TH.data{ font-size: 11px; text-align: left; font-weight: bold; padding: 4px 4px 4px 4px; color:#646464; border-bottom: 1px solid #DDDDDD; } .fc .subhead{ font-size: 12px; color: #6B94B0; padding: 5px 5px 5px 5px; font-weight: bold; text-align:left; text-transform:capitalize; } .fc TABLE.title{ border-top: solid 0px #DDDDDD; border-bottom: solid 0px #DDDDDD; margin-bottom:0px; } .fc .title TD{ font-size:19px; font-weight:bold; color:#5476AF; padding:5px; text-align:left; text-transform:capitalize; } .fc .title TD.exchange{ color:#646464; text-align:right; font-size:11px; } .fc .rowheader td { font-size:10px; font-weight: bold; border-bottom:1px solid #DDDDDD; background-color:#FFFFFF; padding: 5px; text-transform: capitialize; } .fc .fcdate { color:#000000;font-weight:bold;text-align:left;} .fc .fcuparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/up.gif') no-repeat 0% 50%} .fc .fcdownarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/down.gif') no-repeat 0% 50%} .fc .fcneutralarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/dash.gif') no-repeat 0% 50%} .fc .attribution { padding:3px; font-size: 10px; text-align: right; color: #999999; white-space: nowrap; } .fc .morelink { padding:5px 10px 5px 0px; text-align:right; } .fc .morelink A{ background-image: url(http://images.financialcontent.com/studio-5.0/media/icon_more.gif); background-repeat: no-repeat; background-position: 0px 2px; padding-left: 10px; font-size: 11px; font-weight: bold; } .fc .morelink A:hover{ background-image: url(http://images.financialcontent.com/studio-5.0/media/icon_more_over.gif); } .fc .addwatchlistlink A { background-image: url(http://images.financialcontent.com/studio-5.0/icons/icon_addwatch.gif ); background-repeat: no-repeat; background-position: 0px 2px; padding-left: 13px; text-transform:capitalize; font-weight:normal; color:#5476AF; font-size: 12px; } .fc .addwatchlistlink A:hover{ background-image: url(http://images.financialcontent.com/studio-5.0/icons/icon_addwatch_over.gif); } /* Nav links */ .fc .navlinks { text-align:center; padding:6px 0px 6px 0px; border-bottom: solid 1px #DDDDDD; line-height:20px; } .fc .navlinks A.nav{ font-size:12px; font-weight: bold; color:#5476AF; text-decoration:none; background: none; } .fc .navlinks A.nav:hover { color:#6B94B0; text-decoration: underline; } .fc .navlinks A.active { color:#5476AF; text-decoration: underline; } .fc .divider{ font-size:13px; font-weight:normal; color:#5476AF; margin:0px 3px; } /* END NAV LINKS*/ /* SUBMENUS CSS*/ .fc TABLE.submenus { margin-right: auto; margin-left: auto; } .fc .submenus TD{ padding:6px 3px 6px 2px; white-space: nowrap; } .fc .submenus TD A{ padding:3px 5px 3px 5px; font-size: 10px; font-weight: bold; color:#888888; text-decoration:none; background: #F7F7F7; border: 1px solid #DDDDDD; margin: -1px; } .fc .submenus TD A:hover{ color:#5476AF; background: #F7F7F7; border: 1px solid #5476AF; margin: -1px; } .fc .submenus .active A, .fc .submenus .active A:hover { border: 0px; margin: 0px; background: #DDDDDD; color:#5476AF; font-weight:bold; } .fc .submenus A.active{ color:#5476AF; background: #FFFFFF; border: 1px solid #5476AF; margin: -1px; } .fc .submenus .divider{ display:none; } /*nav forms and symbol lookup*/ .fc INPUT.text, .fc INPUT.ticker { border: 1px solid #DDDDDD; width: 125px; font-weight: normal; padding:3px; background-color: #FFFFFF; color: #646464; } .fc INPUT.go, .fc INPUT.button { background-color:#EFEFEF; border:1px solid #CCCCCC; color:#000000; cursor:pointer; height:26px; padding: 0px 4px 1px 4px; text-transform: uppercase; } .fc SELECT{ background-color:#FFFFFF; border: 1px solid #DDDDDD; font-weight: normal; } .fc A.lookup { font-size:11px; color: #5476AF; text-decoration:none; margin-left:6px; } .fc A:hover.lookup { text-decoration: underline; color:#5476AF; } /* NEW tabbed detailed quote LINKS 2007*/ .fc .fctabs { border-bottom: solid 1px #DDDDDD; margin-bottom:5px; margin-top:10px; padding-left:0px; margin-left:1px; } .fc .fctabs .tab { float:left; margin-right:0px; margin-left: -1px; border: solid 1px #DDDDDD; background-color: #FFFFFF; padding: 3px 8px 3px 8px; margin-bottom: -1px; } .fc .fctabs .activetab { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs .tab:hover { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs A.tab { font-size:11px; cursor:pointer; cursor:hand; font-weight: bold; text-decoration:none; } .fc .fctabs A.activetab, .fc .fctabs A.tab:hover { font-weight: bold; color: #5476AF; text-decoration: underline; } .fc .fctabs A.tab:hover { text-decoration: none; } /* END tabbed detailed quote LINKS*/ /* Indexbrowser tabs */ .fc .sectors .data BR{ margin-top:5px; } .fc .sectors .data .active{ text-decoration:underline; background-color:#FFFFFF; } .fc .sectors .active{ background-color: #DDDDDD; border: 0px; } /* Hover Box */ .fc .newsHoverBox { padding: 10px; margin: 5px 0px 0px 35px; border: 1px solid #000000; background: #FFFFFF; } /* Channellist */ .fc .channellist IMG{ display:inline; } .fc .channellist .image{ padding:10px; text-align:center; } .fc .channellist .content{ padding:10px; } /* Mediachannel CSS */ .fc .mediachannel IMG{ display:inline; border:0px; } .fc .mediachannel .label{ font-weight:bold; padding:0px; } .fc .mediachannel .sidebar { float:left; width:150px; border:0px solid #DDDDDD; margin-right:12px; margin-bottom:12px; margin-top:5px; margin-left:0px; } .fc .mediachannel .image { width:150px; vertical-align:top; } .fc .mediachannel .title .data{ color: #999999; font-weight: bold; font-size:18px; margin-bottom:5px; margin-top:5px; } .fc .mediachannel .channel{ margin-bottom:0px; } .fc .mediachannel .channeltype,.fc .mediachannel .language { margin-bottom:0px; } .fc .mediachannel .subbutton .rss{ padding-right:100px; } .fc .mediachannel .rssbutton .rss IMG{ margin-bottom:1px; margin-top:-1px; border:0px; } /* END Mediachannel */ /* BEGIN Mediasearch */ .fc .mediasearch FORM{ padding:10px 0px 10px 0px; margin:0px; } .fc .mediasearch INPUT.searchtxt { border: 1px solid #999999; width: 160px; font-weight: normal; } .fc .mediasearch INPUT.button{ } .fc .mediasearch SELECT{ } /* END Mediasearch */ /* NEW tabbed CSS for snapshot 2007*/ .snapshot .fcsnaptabs { border-bottom: 0px; border-left: solid 1px #DDDDDD; } .snapshot .fc .row td, .fc .row1 td, .fc .row2 td { border:0 none; padding:5px 2px; } .snapshot .fcsnaptabs .spacer { display:none; } .snapshot .fcsnaptabs .tab { } .snapshot .fcsnaptabs .tab A { border-top: solid 1px #DDDDDD; border-right: solid 1px #DDDDDD; border-bottom: solid 1px #DDDDDD; border-left: solid 0px #DDDDDD; display:block; background-color: #EEEFF0; padding: 3px; color: #5476AF; font-weight: bold; font-size:11px; text-decoration:none; cursor:pointer; cursor:hand; text-align:center; text-transform: capitialize; } .snapshot .fcsnaptabs .activetab A, .snapshot .fcsnaptabs A:hover { color: #5476AF; background-color: #FFFFFF; border-bottom: solid 1px #FFFFFF; text-decoration: underline; } .snapshot .fcsnaptabs A:hover { text-decoration: none; } /* END tabbed CSS snapshot */ /* main snapshot CSS */ .snapshot .charts .data A { font-weight: bold; } .snapshot .charts .data { font-weight: bold; padding-left:5px; padding-top:3px; padding-bottom:0px; } .snapshot .charts IMG { margin-left:auto; margin-right:auto; margin-top:5px; margin-bottom:5px; display:block; } .snapshot .data { font-size: 11px; } .snapshot .morelink { padding:5px 0px 10px 10px; text-align:left; } .snapshot .morelink A { font-size: 11px; font-weight: bold; background-image: none; padding-left: 0px; } .snapshot .morelink A:hover { background-image: none; } .snapshot .divider { font-weight:normal; color:#5476AF; margin:0px 2px 0px 4px; } .snapshot .getquote { padding-top:10px; } .snapshot .positive, .snapshot .negative { text-align: right; } /* SNAPSHOT TWO - HOME PAGE WIDGET */ .snapshot2 { background-color: #FFFFFF; border: solid 1px #999; } .snapshot2 TD { text-align: left; white-space:nowrap; background-color: #FFFFFF; padding:3px; vertical-align: top; } .snapshot2 .chart, .snapshot2 IMG.chart{ margin:0; } .snapshot2 .title .inactive, .snapshot2 .title .active{ display:none; } .snapshot2 .quotes TD { padding:3px; border-bottom:0px solid #EEEEEE; font-weight: bold; color: #5F5F5F; } .snapshot2 .quotes .active TD{ background-color: #EEEFF0; color: #000; } .snapshot2 .quotes A { color: #7B97AC; } .snapshot2 .quotes .active A{ color: #5476AF; text-decoration: none; } .snapshot2 .quotes .active .positive {color:#00A00F;} .snapshot2 .quotes .active .negative {color:#DA100F;} .snapshot2 .quotes .change, .snapshot2 .quotes .data { text-align:right; } .snapshot2 .attribution {display: none} .snapshot2 .getquote .box {} /* MarketUpdates css */ .marketupdates { } .marketupdates .header{ } .marketupdates .row TD, .marketupdates .row1 TD, .marketupdates .row2 TD {border-bottom: solid 0px #DDDDDD; padding:5px 0px; background-color: #FFFFFF} .marketupdates TH.subhead{ padding: 5px 0px 5px 0px; } .marketupdates TD.data A{ color: #000000; } .marketupdates TD.morelink{ padding-top:6px; } /*get quote component*/ .getquote { } .getquote .subhead{ font-size: 11px; color: #646464; font-weight: normal; padding: 2px 5px; } .getquote H5 { font-size: 15px; color:#000000; font-weight:bold; text-transform: capitialize; text-align:left; padding: 0px 5px; } .getquote .box { padding: 5px 0px 5px 5px; } .getquote .morelink { padding:5px 0px 10px 10px; text-align:left; } .getquote .morelink A { background-image: none; padding-left: 0px; } .getquote .morelink A:hover { background-image: none; } /* Watchlist Widget */ .watchlist .data { font-size: 11px; } .watchlist .getquote H5 { font-size:12px; padding:0px; } .watchlist .getquote .box { padding: 2px 0px 5px 0px; } .watchlist input.text, .watchlist input.ticker { width: 90px; } .watchlist input.go, .watchlist input.button { } .watchlist .attribution {display: none} .watchlist .morelink A{ font-size: 10px; } /* Stockquote Module with PR ticker specific */ .stockquote .data { font-weight: bold; } .stockquote .ticker A{ font-weight: bold; } .stockquote DIV.chart{ margin-top: 0px; margin-bottom: 3px; } .stockquote TABLE.submenus { margin-left: 0px; } .stockquote .attribution { display: none } /* Stockquote2 Module custom */ .stockquote2 { } .stockquote2 TABLE.maintable{ border-bottom: solid #CCC 1px; } .stockquote2 .row TD{ padding:2px; font-weight: bold; } .stockquote2 .top{ border-top: solid #CCC 1px; border-bottom: solid #CCC 1px; } .stockquote2 .top A.ticker { font-size: 13px; line-height: 26px; font-weight: bold; text-transform: capitialize; } .stockquote2 .top .timestamp { text-align: left; padding-bottom:5px; font-size:11px; color: #666; } .stockquote2 .morelink A, .stockquote2 .morelink A:hover{ margin-left:3px; background-image: none; } .stockquote2 .last, .stockquote2 .negative, .stockquote2 .positive, .stockquote2 .unchanged { font-size:16px; font-weight: bold; } .stockquote2 TH { border-bottom:0px solid #DDDDDD; color:#999; font-size:11px; font-weight:normal; padding: 2px; text-align:left; } .stockquote2 .toptable{border-bottom: solid #CCC 1px;} .stockquote2 .bottomtable{} .stockquote2 .attribution { text-align: right; padding: 2px; } /* Stockquote3 css */ .stockquote3 TABLE.submenus { margin-left: 0px; margin-right: auto; } .stockquote3 .lasttrade { font-size: 12px; color: #646464; text-align: right; padding-top:4px } .stockquote3 .submenus TD A{ padding:2px 4px; } .stockquote3 TD.data { text-align: right; } .stockquote3 .attribution { text-align: right; padding: 4px; } /* Stockquote4 css */ .stockquote4 TH A { font-size:13px; text-decoration: none; font-weight: bold; } .stockquote4 .label, .stockquote4 .data, .stockquote4 .lasttrade { } .stockquote4 .data, .stockquote4 .lasttrade { text-align: right; } .stockquote4 DIV.menu { border-top:1px solid #DDDDDD; } .stockquote4 DIV.menu A { padding:5px; line-height:30px; } .stockquote4 .attribution { text-align: right; padding-bottom:5px; } .stockquote4 TABLE.submenus { margin-top: 5px; } .stockquote4 .minichart {margin:10px} /* Stockquote5 Module Large chart */ .stockquote5 {margin-left: auto; margin-right:auto; width:580px} .stockquote5 .data { font-weight: bold; font-size:24px; } .stockquote5 TABLE.submenus { display:none; } .stockquote5 .uparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/green_up.gif') no-repeat 0% 0%; font-size: 48px; } .stockquote5 .downarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/red_down.gif') no-repeat 0% 0%; font-size: 48px; margin-right:20px} .stockquote5 .changeprice {font-size:40px;} /*MARKETS MODULE - minimal height*/ .markets TD.data, .markets TD.label, .markets A, .markets TD.divider{ background-color: #ffffff; padding: 1px; } .markets TD.label{ display:none } .markets .data, .markets .data A { white-space: nowrap; padding:2px; margin:0px; font-size:13px; font-weight: bolder; font-family:Arial, sans-serif; } .markets .data A { font-size: 14px; line-height: 24px; } .markets .lastprice { font-size: 10px; } .markets TD.divider{ padding:0px; display: none; } .markets .uparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/green_up.gif') no-repeat 0% 0%; font-size: 49px;} .markets .downarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/15/red_down.gif') no-repeat 0% 0%; font-size: 49px;} .fc .items { height: auto; } /* client overrides */ .button { background: none; } .header { height: auto; }
    0.93 -0.04 (-3.72%)
Quotes delayed at least 20 mins.

The recent news regarding Oncophage in Europe hit the stock pretty hard, but the long term potential of Antigenics is still alive, in my opinion.

The glioma trials look promising enough to date. I don't believe that Oncophage for the treatment of kidney cancer is DOA just yet and QS-21 is alive and well.

While I do believe that any positive news from Russia regarding the Oncophage launch in that country (combined with news of Russian government reimbursement) would be good for both the company and the stock, I consider AGEN more in the 'Phase II' portion of my portfolio - alongside Pharmacyclics (PCYC), Peregrine (PPHM) and Keryx Biopharmaceuticals (KERX).

I'll wait and see how low this one goes before adding more shares, but I consider Russia news a possible short term mover, QS-21 updates a mid term mover and Oncophage a long term mover.

Generex Biotechnology Corporation (NASDAQ:GNBT)

/* Global CSS Styles */ .fc * { padding:0px; border:0px; margin:0px; color: inherit; } .fc, .fc TABLE, .fc TD, .fc INPUT, .fc SELECT { font-family: Arial,Helvetica,Geneva,Sans-serif; font-size:12px; color: #000000; } .fc IMG { display:block; } .fc TD { empty-cells: show; } /* END Global CSS */ .fc .data {color:#000000; text-align: left} .fc .label {font-weight: normal; color: #646464} .fc A { text-decoration: none; color: #5476AF; } .fc A:hover{ text-decoration: underline; color: #6B94B0; } .fc .boxspacing, .fc TABLE.indexinfo, .fc TABLE.title {width: 100%; margin-left: auto; margin-right: auto} .fc .boxspacing DIV.fctabs {width: 100%} .fc td.spacer {padding:5px;} .fc .row TD, .fc .row1 TD, .fc .row2 TD {border:0px; padding: 5px} .fc .row1 TD {background-color:#FFFFFF;border-bottom:solid 0px #DDDDDD; } .fc .row2 TD {border-bottom:solid 0px #DDDDDD; background-color: #EEEFF0;} .fc .rowheader {background-color: #FFFFFF} .fc .horzline { height: 0px; empty-cells: collapse;} .fc .box {border-width: 0px; } .fc .tab {background-color: #FFFFFF} .fc .activetab {background-color: #FFFFFF; font-weight: normal;} .fc .bicolor {color:#000000} .fc .pubdate {font-size: 11px;} /* Article sidebar tools */ .fc .sidebar { display: none; } .fc .fcchartimg, .fc IMG.chart {margin:8px 10px 8px 10px} .fc .fcminichartimg { vertical-align: middle;} .fc .positive {color:#00A00F;} .fc .negative {color:#DA100F;} .fc .header { font-size: 15px; color:#616161; font-weight:bold; text-align:left; padding: 2px 0px 2px 2px; text-transform: capitialize; } .fc .header .timestamp { color:#646464; } .fc .headerborder { border-bottom: 0px solid #646464; } .fc TH, .fc TH.data{ font-size: 11px; text-align: left; font-weight: bold; padding: 4px 4px 4px 4px; color:#646464; border-bottom: 1px solid #DDDDDD; } .fc .subhead{ font-size: 12px; color: #6B94B0; padding: 5px 5px 5px 5px; font-weight: bold; text-align:left; text-transform:capitalize; } .fc TABLE.title{ border-top: solid 0px #DDDDDD; border-bottom: solid 0px #DDDDDD; margin-bottom:0px; } .fc .title TD{ font-size:19px; font-weight:bold; color:#5476AF; padding:5px; text-align:left; text-transform:capitalize; } .fc .title TD.exchange{ color:#646464; text-align:right; font-size:11px; } .fc .rowheader td { font-size:10px; font-weight: bold; border-bottom:1px solid #DDDDDD; background-color:#FFFFFF; padding: 5px; text-transform: capitialize; } .fc .fcdate { color:#000000;font-weight:bold;text-align:left;} .fc .fcuparrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/up.gif') no-repeat 0% 50%} .fc .fcdownarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/down.gif') no-repeat 0% 50%} .fc .fcneutralarrow {background: url('http://images.financialcontent.com/studio-5.0/arrows/7/dash.gif') no-repeat 0% 50%} .fc .attribution { padding:3px; font-size: 10px; text-align: right; color: #999999; white-space: nowrap; } .fc .morelink { padding:5px 10px 5px 0px; text-align:right; } .fc .morelink A{ background-image: url(http://images.financialcontent.com/studio-5.0/media/icon_more.gif); background-repeat: no-repeat; background-position: 0px 2px; padding-left: 10px; font-size: 11px; font-weight: bold; } .fc .morelink A:hover{ background-image: url(http://images.financialcontent.com/studio-5.0/media/icon_more_over.gif); } .fc .addwatchlistlink A { background-image: url(http://images.financialcontent.com/studio-5.0/icons/icon_addwatch.gif ); background-repeat: no-repeat; background-position: 0px 2px; padding-left: 13px; text-transform:capitalize; font-weight:normal; color:#5476AF; font-size: 12px; } .fc .addwatchlistlink A:hover{ background-image: url(http://images.financialcontent.com/studio-5.0/icons/icon_addwatch_over.gif); } /* Nav links */ .fc .navlinks { text-align:center; padding:6px 0px 6px 0px; border-bottom: solid 1px #DDDDDD; line-height:20px; } .fc .navlinks A.nav{ font-size:12px; font-weight: bold; color:#5476AF; text-decoration:none; background: none; } .fc .navlinks A.nav:hover { color:#6B94B0; text-decoration: underline; } .fc .navlinks A.active { color:#5476AF; text-decoration: underline; } .fc .divider{ font-size:13px; font-weight:normal; color:#5476AF; margin:0px 3px; } /* END NAV LINKS*/ /* SUBMENUS CSS*/ .fc TABLE.submenus { margin-right: auto; margin-left: auto; } .fc .submenus TD{ padding:6px 3px 6px 2px; white-space: nowrap; } .fc .submenus TD A{ padding:3px 5px 3px 5px; font-size: 10px; font-weight: bold; color:#888888; text-decoration:none; background: #F7F7F7; border: 1px solid #DDDDDD; margin: -1px; } .fc .submenus TD A:hover{ color:#5476AF; background: #F7F7F7; border: 1px solid #5476AF; margin: -1px; } .fc .submenus .active A, .fc .submenus .active A:hover { border: 0px; margin: 0px; background: #DDDDDD; color:#5476AF; font-weight:bold; } .fc .submenus A.active{ color:#5476AF; background: #FFFFFF; border: 1px solid #5476AF; margin: -1px; } .fc .submenus .divider{ display:none; } /*nav forms and symbol lookup*/ .fc INPUT.text, .fc INPUT.ticker { border: 1px solid #DDDDDD; width: 125px; font-weight: normal; padding:3px; background-color: #FFFFFF; color: #646464; } .fc INPUT.go, .fc INPUT.button { background-color:#EFEFEF; border:1px solid #CCCCCC; color:#000000; cursor:pointer; height:26px; padding: 0px 4px 1px 4px; text-transform: uppercase; } .fc SELECT{ background-color:#FFFFFF; border: 1px solid #DDDDDD; font-weight: normal; } .fc A.lookup { font-size:11px; color: #5476AF; text-decoration:none; margin-left:6px; } .fc A:hover.lookup { text-decoration: underline; color:#5476AF; } /* NEW tabbed detailed quote LINKS 2007*/ .fc .fctabs { border-bottom: solid 1px #DDDDDD; margin-bottom:5px; margin-top:10px; padding-left:0px; margin-left:1px; } .fc .fctabs .tab { float:left; margin-right:0px; margin-left: -1px; border: solid 1px #DDDDDD; background-color: #FFFFFF; padding: 3px 8px 3px 8px; margin-bottom: -1px; } .fc .fctabs .activetab { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs .tab:hover { background-color:#FFFFFF; border-bottom: solid 1px #FFFFFF; } .fc .fctabs A.tab { font-size:11px; cursor:pointer; cursor:hand; font-weight: bold; text-decoration:none; } .fc .fctabs A.activetab, .fc .fctabs A.tab:hover { font-weight: bold; color: #5476AF; text-decoration: underline; } .fc .fctabs A.tab:hover { text-decoration: none; } /* END tabbed detailed quote LINKS*/ /* Indexbrowser tabs */ .fc .sectors .data BR{ margin-top:5px; } .fc .sectors .data .active{ text-decoration:underline; background-color:#FFFFFF; } .fc .sectors .active{ background-color: #DDDDDD; border: 0px; } /* Hover Box */ .fc .newsHoverBox { padding: 10px; margin: 5px 0px 0px 35px; border: 1px solid #000000; background: #FFFFFF; } /* Channellist */ .fc .channellist IMG{ display:inline; } .fc .channellist .image{ padding:10px; text-align:center; } .fc .channellist .content{ padding:10px; } /* Mediachannel CSS */ .fc .mediachannel IMG{ display:inline; border:0px; } .fc .mediachannel .label{ font-weight:bold; padding:0px; } .fc .mediachannel .sidebar { float:left; width:150px; border:0px solid #DDDDDD; margin-right:12px; margin-bottom:12px; margin-top:5px; margin-left:0px; } .fc .mediachannel .image { width:150px; vertical-align:top; } .fc .mediachannel .title .data{ color: #999999; font-weight: bold; font-size:18px; margin-bottom:5px; margin-top:5px; } .fc .mediachannel .channel{ margin-bottom:0px; } .fc .mediachannel .channeltype,.fc .mediachannel .language { margin-bottom:0px; } .fc .mediachannel .subbutton .rss{ padding-right:100px; } .fc .mediachannel .rssbutton .rss IMG{ margin-bottom:1px; margin-top:-1px; border:0px; } /* END Mediachannel */ /* BEGIN Mediasearch */ .fc .mediasearch FORM{ padding:10px 0px 10px 0px; margin:0px; } .fc .mediasearch INPUT.searchtxt { border: 1px solid #999999; width: 160px; font-weight: normal; } .fc .mediasearch INPUT.button{ } .fc .mediasearch SELECT{ } /* END Mediasearch */ /* NEW tabbed CSS for snapshot 2007*/ .snapshot .fcsnaptabs { border-bottom: 0px; border-left: solid 1px #DDDDDD; } .snapshot .fc .row td, .fc .row1 td, .fc .row2 td { border:0 none; padding:5px 2px; } .snapshot .fcsnaptabs .spacer { display:none; } .snapshot .fcsnaptabs .tab { } .snapshot .fcsnaptabs .tab A { border-top: solid 1px #DDDDDD; border-right: solid 1px #DDDDDD; border-bottom: solid 1px #DDDDDD; border-left: solid 0px #DDDDDD; display:block; background-color: #EEEFF0; padding: 3px; color: #5476AF; font-weight: bold; font-size:11px; text-decoration:none; cursor:pointer; cursor:hand; text-align:center; text-transform: capitialize; } .snapshot .fcsnaptabs .activetab A, .snapshot .fcsnaptabs A:hover { color: #5476AF; background-color: #FFFFFF; border-bottom: solid 1px #FFFFFF; text-decoration: underline; } .snapshot .fcsnaptabs A:hover { text-decoration: none; } /* END tabbed CSS snapshot */ /* main snapshot CSS */ .snapshot .charts .data A { font-weight: bold; } .snapshot .charts .data { font-weight: bold; padding-left:5px; padding-top:3px; padding-bottom:0px; } .snapshot .charts IMG { margin-left:auto; margin-right:auto; margin-top:5px; margin-bottom:5px; display:block; } .snapshot .data { font-size: 11px; } .snapshot .morelink { padding:5px 0px 10px 10px; text-align:left; } .snapshot .morelink A { font-size: 11px; font-weight: bold; background-image: none; padding-left: 0px; } .snapshot .morelink A:hover { background-image: none; } .snapshot .divider { font-weight:normal; color:#5476AF; margin:0px 2px 0px 4px; } .snapshot .getquote { padding-top:10px; } .snapshot .positive, .snapshot .negative { text-align: right; } /* SNAPSHOT TWO - HOME PAGE WIDGET */ .snapshot2 { background-color: #FFFFFF; border: solid 1px #999; } .snapshot2 TD { text-align: left; white-space:nowrap; background-color: #FFFFFF; padding:3px; vertical-align: top; } .snapshot2 .chart, .snapshot2 IMG.chart{ margin:0; } .snapshot2 .title .inactive, .snapshot2 .title .active{ display:none; } .snapshot2 .quotes TD { padding:3px; border-bottom:0px solid #EEEEEE; font-weight: bold; color: #5F5F5F; } .snapshot2 .quotes .active TD{ background-color: #EEEFF0; color: #000; } .snapshot2 .quotes A { color: #7B97AC; } .snapshot2 .quotes .active A{ color: #5476AF; text-decoration: none; } .snapshot2 .quotes .active .positive {color:#00A00F;} .snapshot2 .quotes .active .negative {color:#DA100F;} .snapshot2 .quotes .change, .snapshot2 .quotes .data { text-align:right; } .snapshot2 .attribution {display: none} .snapshot2 .getquote .box {} /* MarketUpdates css */ .marketupdates { } .marketupdates .header{ } .marketupdates .row TD, .marketupdates .row1 TD, .marketupdates .row2 TD {border-bottom: solid 0px #DDDDDD; padding:5px 0px; background-color: #FFFFFF} .marketupdates TH.subhead{ padding: 5px 0px 5px 0px; } .marketupdates TD.data A{ color: #000000; } .marketupdates TD.morelink{ padding-top:6px; } /*get quote component*/ .getquote { } .getquote .subhead{ font-size: 11px; color: #646464; font-weight: normal; padding: 2px 5px; } .getquote H5 { font-size: 15px; color:#000000; font-weight:bold; text-transform: capitialize; text-align:left; padding: 0px 5px; } .getquote .box { padding: 5px 0px 5px 5px; } .getquote .morelink { padding:5px 0px 10px 10px; text-align:left; } .getquote .morelink A { background-image: none; padding-left: 0px; } .getquote .morelink A:hover { background-image: none; } /* Watchlist Widget */ .watchlist .data { font-size: 11px; } .watchlist .getquote H5 { font-size:12px; padding:0px; } .watchlist .getquote .box { padding: 2px 0px 5px 0px; } .watchlist input.text, .watchlist input.ticker { width: 90px; } .watchlist input.go, .watchlist input.button { } .watchlist .attribution {display: none} .watchlist .morelink A{ font-size: 10px; } /* Stockquote Module with PR ticker specific */ .stockquote .data { font-weight: bold; } .stockquote .ticker A{ font-weight: bold; } .stockquote DIV.chart{ margin-top: 0px; margin-bottom: 3px; } .stockquote TABLE.submenus { margin-left: 0px; } .stockquote .attribution { display: none } /* Stockquote2 Module custom */ .stockquote2 { } .stockquote2 TABLE.maintable{ border-bottom: solid #CCC 1px; } .stockquote2 .row TD{ padding:2px; font-weight: bold; } .stockquote2 .top{ border-top: solid #CCC 1px; border-bottom: solid #CCC 1px; } .stockquote2 .top A.ticker { font-size: 13px; 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    0.48 -0.03 (-5.96%)
Quotes delayed at least 20 mins.

I continue to look at Generex as a speculative mid to long term play, based mostly on the potential of Oral-Lyn, but I'm set on shares for now unless the stock dips any further. I bought at sixty five cents and fifty five cents, so I'll probably wait and see if we see forty five cents before buying again.

I maintain my position that I think that GNBT will move up to the dollar mark as soon as either the sector starts to turn around or positive Phase III data is released (interim or actual), whichever comes first.


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