Seeking Alpha

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 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
  • Rayno Biopharmaceutical Stocks: April 2014 Update After Sell-Off 0 comments
    May 2, 2014 1:17 PM | about stocks: ABBV, GILD, XBI

    Biotech Stocks Are Down 5-10% in April-IBB is up only 1% YTD but 32% over one year

    May 2 Mid-day trading: NASDAQ 41358 up 0.25%, FBT 74.10IBB $229.4, XBI $128

    • Speculative fever is broken-small caps were hit even harder. Caution.
    • April 15 Bottom Is holding-XBI at $115, but expect a choppy market.
    • Peak "bubble" valuations were reached in late February.
    • Rayno Biopharma winners YTD: ALKS ALXN AMRI ARIA REGN
    • Rayno Biopharma Losers YTD: ACHN IMGN PCYC VRTX

    Rayno Biopharmaceutical Focus Stocks

    2014 OriginalPPricePricePrice% RetPrice% Ret 
    SummaryTickerRecomm Apr'11Dec'12Nov'1311/1/135/1/14YTD 
               
    AbbvieABBV3/25/1451.7new   51.61-2.27 
    AchillionACHN3/4/138.6new 2.53-682.78-16.2 
    AlexionALXN2/2/0935100.895.4123.42.26159.820.3 
    AlkermesALKS3/22/1323new18.535.659.2947.5717 
    Albany MolAMRI2/10/114.684.325.313.2140.715.9258 
    AriadARIA3/25/147.61new   7.479.6 
    AstexASTX*12/27/111.63 2.78.549.48acq  
    AmgenAMGN2/2/09555487.4118.713.1112.76-1.1 
    BiogenBIIB2/2/0948.573.2514924348.85286.752.6 
    CephalonCEPH*2/2/0976.576.9280.18 30acq  
    CubistCBST2/2/0921.528.3542.461.919.270.892.9 
    FT Arca ETFFBT4/15/1037.541.34664.629.675.088.5 
    GileadGILD2/2/095142.872.7(s)7140.6779.025.2 
    iShares ETFIBB2/2/0970.5101.1137.820629.9232.52.4 
    Fido BiotechFBIOX      182.910 
    ImmunoGenIMGN12/22/1112.4 12.516.334.812.73-13.2 
    OptimerOPTR*2/18/1111.813.89.212.860acq  
    PharmacyclPCYC6/8/1238.2 5812247.895.21-10 
    RegeneronREGN2/2/0917.545.4317328634.52998.7 
    Roche ADRRHHBY1/30/1467new   36.66s)4.4 
    Seattle Gen.SGEN2/2/099.515.7223.3394138.87-2.6 
    VertexVRTX11/15/1362.8new   68.95-7.2 
    ViroPharmaVPHM*2/2/091220.0522.93929.4acq  
               
    *acquired          
               

    Disclosure: we are long Fidelity Select Biotech Fund (MUTF:FBIOX) , Abbvie (NYSE:ABBV) and Gilead Sciences (NASDAQ:GILD) and short mid and small caps on a daily basis. Investors should focus on large caps for core holdings.

    Disclosure: I am long ABBV, GILD.

    Additional disclosure: Long Fidelity Select Biotech Fund (FBIOX)

    Stocks: ABBV, GILD, XBI
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.