by Rod Raynovich | Jan 17, 2011 | Weather//Ski Reports-Western US
Did you ski a lot in December? We hope so because January has not delivered much precip since January 2. Mammoth had 13 in on Jan 1 and 2 but scant since that time. Our associate at Big Mountain Resort in Montana complains of rain and fog yesterday but a few flakes...
by Rod Raynovich | Jan 14, 2011 | 2023-24 Life Science Portfolios, BIOgraph
Stay the Course for Now We will review our holdngs next week and rebalance if necessary. Overall it has been a good week with biotech indices up about 2%. Late January is always a good time for a correction but for now it is “don’t fight the FED,...
by Rod Raynovich | Jan 11, 2011 | 2023-24 Life Science Portfolios, BIOgraph
Microfluidics announced today that it signed a definitive merger agreement with IDEX Corp.(IEX) for $1.35 net cash to the seller subject to adjustment as provided in the merger agreement. The $1.35 price represents about a 58% premium over recent trading and a 69%...
by Rod Raynovich | Jan 7, 2011 | 2023-24 Life Science Portfolios, BIOgraph
We will be attending the JPMorgan Healthcare Conference in San Francisco next week looking for new ideas. Healthcare overall has been a laggard (up 1.87% vs 11.47% S&P for one year period) but subsectors such as diagnostics, tools, large cap drugs and selected...
by Rod Raynovich | Jan 6, 2011 | 2023-24 Life Science Portfolios, BIOgraph
Diagnostics and Tools 2010 Original Price Price % Ret Recomm YrEnd’10 Abaxis ABAX 2/2/09 15 26.85 79 CardioV.Sys. CSII 11/5/10 7.15 11.66 63 Celera CRA 3/28/10 7 6.3 -10 Exact Sci EXAS 12/10/10 5.6 5.98 6.8 GenProbe GPRO 2/2/09 45 58.35 29.7 Illumina ILMN 2/2/09...
by Rod Raynovich | Jan 5, 2011 | Macro, RAG
It was 2005, the peak of the housing bubble and housing stocks were running wild. Toll Brothers (TOL) and Lennar (LEN) stock were at 60. There was no end to housing with Wall Street buying up mortgages faster than brokers could sell them. One of the many creative...
