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Rod Raynovich
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Rod Raynovich is an entrepreneur and executive with a focus on life science companies and medical technology trends.He has over 35 years executive experience including Abbott and JNJ and has been involved three successful start-ups. Before starting Raygent and other companies he was also a... More
My company:
Raygent Capital
My blog:
Raygent.com,Rayno Life Science
  • Biopharma Stocks Take Another Leg Up: ALXN, CBST, PCYC, REGN 0 comments
    Sep 26, 2013 3:14 PM | about stocks: REGN, PCYC

    Biotech Stocks Will Not Wait for Congress-Huge Rally Across the Board

    Analysts and Media are Piling On-Momentum Rules

    IBB up 1.75%

    XBI up 1.81%

    Rayno Biopharmaceuticals stocks are in a new leg up with large cap winners:

    Alexion (ALXN $115) up 2%

    Cubist (CBST $67.62) up 2.95%

    Pharmacyclics (PCYC $130.59) up 9.73%

    Regeneron (REGN $305) up 4.4%

    Mid-caps are also in a big rally with our index of 40 stocks up 2%+. If your biotech stock is not up today sell it. Selected diagnostics stocks are rallying as well with Illumina (NASDAQ:ILMN) up 2% and Sequenom (NASDAQ:SQNM) UP 5%.

    Hmmm well we cannot call it a bubble because metrics do not matter.

    And some $10-20B market cap stocks are just being discovered by analysts. Don't even think of shorting because large short positions are targeted by hedge funds for squeezing.

    Here is our portfolio as of JY 1 2013: Note big winners over just 3 months.

    Rayno Life Science Portfolios July 1, 2013 Update | Raygent.com

    Also look at our take just last April:

    Is There No End To The Biotech Bull Market? [Gilead Sciences, Inc., Celgene Corporation, Amgen, Inc., Biogen Idec Inc] - Seeking Alpha

    Disclosure: I am long ILMN.

    Additional disclosure: Long FBIOX

    Stocks: REGN, PCYC
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