The elephant in the zoo (room is too small )
What nags at me as I peruse my speculative biotech holdings is we are in the midst of a period of unlikely catalysts for a sector rebound. Healthcare is on the table- in the next 3 months it will consume much of the political news. We know drug pricing will be a big part of any reform. I don't even want to pontificate on whether the end result should have any effect on a company like ziop and yet it is part of the baby and bath water scenario. The market in general has been on a tear and in virtually any other year we would be galloping with it but biotech is not. Ions , lxrx, adxs, juno, kite, etc. etc. etc. are all still in the funk. Remember back when oil was out of favor and remember how many years it remained so. Even now it is not the oil market of old. My point without digressing is rack your brain for one substantive reason biotech and or pharma should see a rebound on any given morning when we wake up. It just isn't the right time or place for this sector to enter a speculative boom phase again. Maybe some mergers and repatriation of monies might help the larger pharmaceuticals as well as better tax treatment but what is going to help the small to midcaps unless they actually have a drug in late stages and get a favorable FDA approval. It is depressing but try as I might I can't see it changing soon and counting on a nice run in ziop just seems unlikely in this environment. xon may be even worse- good grief who even wants biofuels with oil and natural gas plentiful and oxitec has to battle the stigma of environmentalists and gmo avoidance of any flavor. It just seems that for now we are in the wrong place at the wrong time and not likely to change in the next few months at least. Things change so for the longer term there is still hope. Bummer, but for those with cash and time it is actually positive entry area but for those trying to trade for profits and hoping for capital gains it just seems unlikely. It is actually kind of depressing. I always looked forward to a new trading week and the gambler in me always maintained an excitement but holding a ton of biotech has me in the opposite frame of mind as I open my platform each new trading day. I hope this changes soon but somehow I am not optimistic on more of a general scale as opposed to just ziop or xon alone.