Rayno Snow Blog: High and Dry in the West
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 may fall today. The culprit...
2011 Review of Rayno Life Science Portfolios Next Week
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, don’t fight the tape”....
Microfluidics (MFLU.OB) Acquired for $1.35/Share
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% premium over volume wieighted...
Rayno Life Science Portfolios: 2011 Movers-Ardea (RDEA),Immucor (BLUD)
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 biotech stocks have done well...
Rayno Life Science Portfolios: 2010 Performance
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 29 63.34 118 Immucor BLUD...
