by Rod Raynovich | Mar 9, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Cubist(CBST) is up 5% today on heavy volume of 1.2M shares on no apparent news.52 week high is $25.48.On Monday the stock was $21.5. Maybe there is news on the TEVA lawsuit. CBST has a compelling valuation with ~$900M in cash and forecasted revenues of $688M, EPS of...
by Rod Raynovich | Mar 8, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Paired Trade Opportunity: Sell Vertex, Buy Cephalon Vertex (VRTX) is one of the hottest large cap biotech stocks based on FDA approval (May 23 review) of its lead drug candidate Telaprevir, an oral HCV protease inhibitor. The stock is off its highs of $52+in early...
by Rod Raynovich | Mar 7, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Speculative Small Cap Stocks Have Sold Off Since January 3 The Russell 2000 (IWM) was up 5% YTD but the index is down 2.3% today. The NASDAQ is down 2% as of 1:30p EST.Small Cap stocks have outperformed in 2011 so today’s sell off may be a caution signal....
by Rod Raynovich | Mar 3, 2011 | 2024-25 Life Science Portfolios, BIOgraph
2011 Update It looks like the mini-correction is over. Many stocks in our model portfolio are up 5% and more since 12/31/10 but we are still below peak values of mid-January . Laggards are CEPH, MITI and NKTR. Look at doubling down on Cephalon (CEPH) which is at its...
by Rod Raynovich | Feb 23, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Biotech ETF’s and Major Indices are 5% off mid-January highs NADAQ stocks sold off for a second day but biotechnology stocks were mixed with a few winners.Major biotech ETF’s were down about 0.75% and off 5% from their 2011 highs in mid-January, the...
by Rod Raynovich | Feb 14, 2011 | 2024-25 Life Science Portfolios, BIOgraph
BIO CEO and Investor Conference Feb 14-15 Biotechnology stocks picked up some buying interest today from the BIO CEO Conference in NYC. CNBC provided some CEO clips from Exelixis (EXEL $10.58) up 7%, Onyxx(ONXX $36.28) up 0.28% and Optimer (OPTR $11.61) up 2.83%....
by Rod Raynovich | Feb 11, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Techs (QLD up 1.23%) outperformed biotechs today as Cisco bad news was forgotten. Biotech stocks treaded water today as all major ETF’s were flat. On the news front: Cephalon(CEPH $58.20) was down 3.17% on heavy volume as investors sold on there earnings report...
by Rod Raynovich | Feb 10, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Biotechnology Rally Underway The NASDAQ market recovered from near 1% losses today caused by the Cisco(CSCO) earnings report and guidance. The NASDAQ is currently flat to slightly down at 2785 recovering from the 2760 level. Expectations that Egypt’s President...
by Rod Raynovich | Feb 9, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Life Sciences Market Remains Strong while M&A Provides Support As we enter the peak earnings season for many tools and device companies, initial reports would indicate that investor expectations are higher and stocks could have a bit of profit taking. Genomic...
by Rod Raynovich | Feb 7, 2011 | 2024-25 Life Science Portfolios, BIOgraph
Healthcare and Biotechnology stocks are underperforming the S&P YTD-Medical Devices and Equipment are a bright spot up over 4% YTD. The Q4 2010 momentum in biotech stocks has ebbed in 2011 as the broad market rally continues. The S&P is up 5% YTD while the...
