This will be the second model portfolio for StockUniverse.com and will be handled much different than the first. Whereas the Shooting Star Portfolio focused on industry leaders in various forms of technology, this portfolio will start as a watchlist for many biotech stocks. The stocks on the list that breakout will be added to the official portfolio. Each stock added to the list will then have a stop loss. Stocks hitting that stop loss will be removed from the portfolio. Stocks in the portfolio will then have two price targets: one to reduce the position and take profits and the other to sell the whole position. All three prices will be named whenever each stock enters the portfolio.
Biotech Watchlist
Achillion (ACHN) – $14.27
Celidex (CLDX) – $18.53
Orexigen (OREX) – $5.56
Radius (RDUS) – $40.73
Biospecifics (BSTC) – $39.65
Insys (INCY) – $46.49
China Biologic (CBPO) – $66.77
PDL (PDLI) – $7.47
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