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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:,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 
    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  
    CephalonCEPH*2/2/0976.576.9280.18 30acq  
    FT Arca ETFFBT4/15/1037.541.34664.629.675.088.5 
    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 
    PharmacyclPCYC6/8/1238.2 5812247.895.21-10 
    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 

    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
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