Nathan G.
Looking to start some discussions on biotech stocks. If you are looking to start investing, Webull offers a free stock for opening an account and another for depositing $100: https://act.webull.com/iv/G1CO7pl5p1vX/dso/inviteUs/
I am not a financial advisor and this is not financial advice, I'm just looking to start discussion and learn more about this sector. Please do your own research and decide if you believe the company is worth investing in before buying their stock.
First one I like is ATNF - 180 Life Sciences. Cost is currently about $6.50 a share. This is a company with long term potential in anti-inflammatory medication. They have a phase 3 trial ending in Q4 of this year, so best to hold until at least that time and probably beyond as there is a lot in the pipeline.
The other is a short term play in IDRA - Idera Pharma. They failed a phase 3 trial and it was probably over sold because of it. Current price is $1.95 a share but should rebound some from it's 1.81 low. It was trading at $5.21 yesterday at close and the real price is somewhere near the middle of those two values.