O.k, first of all there is momentum with Pharmas right now, this is just 5% of the reason why I picked this stock.
The main reason is their pipeline, it is not only bigger, but the drugs they are working on are for popular problems.
They have one on the market now, the other in the FDA approval stage, and another in Phase III, another in Phase II, and then like four in pre-clinical trials stages.
The one I like the most is for the erectile dysfunction, this one could be huge. (no pun intended)
Now on to my reasoning for why this will be a great stock to own, they have many drugs in the pipeline, so each time one hits a new phase and good news comes out, this stock is going to jump, since they have many drugs in their pipeline, you may see a lot of good news and a lot of jumping.
Here is their website http://www.novadel.com/
And here is what I like, their pipeline http://www.novadel.com/pipeline/index.htm
Look at their pipeline, once you see it, you will be smiling.
Because they make drugs for everyday symptoms, including migranes, this drug if ever approved alone would make the a $5 stock.