Friday, July 29, 2005

Stem Cell Stocks........... NOT!

All of the stem cell research companies (Stem Cell, Geron and Aastrom Biosciences)are up big today. This is in response to Senator Bill Frist's proposal to expand federal funding for stem cell research. All I can say is that I wouldn't touch any of these companies with a ten foot pole. They're way too speculative. All of the major biotechs are already conducting stem cell research. If you want to invest in stem cell companies, start with the big cap profitable biotechs and stay away from the little ones.


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