Biotech season is coming up with a lot of biotech stocks having their FDA reports being released in this coming month and the next. With there being a lot of money in these pharmaceutical stocks if you know how to research and trade them, I thought I would make a video explaining how to research biotech stocks and find out when they will report their FDA approval or denial results. The website I mention/use in the video is BioPharmCatalyst. Look it up when you are done watching the video. However, as I mention, this site just simplifies some of the stuff and makes assumptions so don’t take this as true all the time. The best thing to do is to look at the SEC filings, which can be brought up through NASDAQ as I show.
Beyond just knowing the date of FDA approval, what makes you successful at trading pharmaceutical stocks is the other factors like how many drugs they have in their pipeline, how long they have been around, how many patients are in their study or studies, and how big of a market potential there is for their drug or how many potential patients are affected by it. Also, you need to understand what stage in the FDA approval process the drug is in. There is NDA, Phase 1, phase 2, phase 3, and the PDUFA. If these topics interest you, I will go into more depth how to these works and how to find the best plays. Like I said in the video, given the climate for the markets in 2017, I think there is a great opportunity in biotechs, however that doesn’t negate the obvious risks. Nonetheless, hopefully you guys can be encouraged by how easy it is to understand and research biotech stocks so that you can start finding pharma plays yourself! Don’t be intimidated by all the medical jargon, it is very simple once you expose yourself to it enough times!
Please SUBSCRIBE to the channel LIKE, SHARE, and COMMENT so I have questions to answers and things to talk about.
If you think you can hang with the brothers and are qualified to be one of the 25 people we accept every quarter to join my 3-month mentoring program, where you are able to watch me trade stocks LIVE every second of the day, every day of the week and be able to ask me questions live while I trade, go to [ Ссылка ] to request and application. The lazy an un-dedicated need not apply.
NEXT PLEDGE CLASS STARTS APRIL 2017
Application Deadline is March 21st, However we will take certain applications after if we believed you are qualified, up until the date of the group interview!
Group Interviews April 8th
Next pledge class April 18th!
If you have any questions about me or what we do, I have a 9,000 word FAQ here: [ Ссылка ]
If you haven't done so follow me on social media!
Twitter: [ Ссылка ]
instagram: [ Ссылка ]
Facebook: [ Ссылка ]
Twitch: [ Ссылка ]
Sign up to be a TTF Citizen and get access to our private LIVE webinars 2x a week, private newsletter, and REAL ESTATE chatroom!: [ Ссылка ]
Apply for mentorship: [ Ссылка ]
