Rod Raynovich's  Instablog

Rod Raynovich
Send Message
Rod Raynovich is an entrepreneur and executive with a focus on life science companies and medical technology trends.He has over 30 years executive experience including Abbott and JNJ and has been involved three successful start-ups. He has a B.S, from Penn State University and an MBA from... More
My company:
Raygent Capital
My blog:
raygent.com
  • VRML Soars 40% On Equity Infusion 0 comments
    May 9, 2013 1:32 PM | about stocks: VRML

    Vermillion Gets Equity Infusion from Oracle Partners, Others: VRML Soars 36%

    By popular demand and continuing interest in three emerging micro-cap stocks we are updating coverage. This is triggered by news that saavy life science investors are making an initial investment in Vermillion (NASDAQ:VRML) of $13.2M with potential including warrants totaling $31.5M before transaction costs. We provide coverage last year (see below) on BG Medicine (NASDAQ:BGMD), Response Genetics (NASDAQ:RGDX) and Vermillion (VRML) and concluded that RGDX offered the best value and we were right because at $1.15 the stock had upside for traders. Now that both BGMD and VRML are off the lows of our last coverage on 11/14.12 we need to look at all three stocks again with a focus on revenue and balance sheet.

    The bull market in life science stocks may be finally shifting to emerging small company stocks as we witnessed at the recent Roth Capital Conference in April. Reverse mergers have been on the increase and it has been shown that having a public trading stock offers significant advantages over private funding. The IPO funding window has been open only to larger offerings or companies with substantial sales or drug pipelines.

    All three of these stocks now need to be on your radar screen and I will provide an update on the article below by Saturday. At the present time only RGDX is in our diagnostics and tools portfolio.

    Review previous posts on Raygent.com and Seeking Alpha:

    Emerging Biomarker Diagnostics: BGMedicine And Vermillion - Seeking Alpha

    Disclosure: I am long RGDX.

    Stocks: VRML
Back To Rod Raynovich's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.