Stocks on the Move in Pre Market

INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.

Stocks on the Move in Pre Market

INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.

Stocks on the Move in Pre Market

INO looks like its bottomed. the Robmen conf is coming soon.
SOMX almost hit 3 last week. Our price is 2.19 Look for shares to triple by the end of the yr.
LVS looks very nice this morning. Take a look at the options.

SOMX on the move

We first talked about SOMX a while back at 2.20 a share.  Shares have bounced up and down as low as 1.90 last week then boom volume picked up and the stock went as high as $3.20 in one day.   We think shares are undervalued and will see much higher prices by the end of the year.  If you dont have a trading strategy then you might want to consider buying some and holding it for 6 months.   We look for double digits within 6 months.

PIPE Report

Sierra Bancorp Common Stock Financing August 31, 2009

Wunderlich Securities placed a $21.3 million common stock offering for Sierra Bancorp. The shares were priced at a 16.2% discount to Sierra’s closing share price when the deal became final on Aug. 28.

Facet Biotech Invests in Trubion August 31, 2009

Trubion Pharmaceuticals agreed to raise $10 million through a common stock PIPE issued to Facet Biotech. Shares were priced at a 35% premium to Trubion’s average trading price in the 60 days before the agreement.

Former Faro Sales Exec Settles Bribery Case August 28, 2009

A former sales director for PIPE issuer Faro Technologies provided $444,000 in bribes to customers in China, according to a lawsuit filed by the Securities and Exchange Commission.

Few Dare to Tread in India’s PIPE Market Posted August 28, 2009 4:00PM PST

Private equity investors have mostly vacated the PIPE space in India, but a few PE and VC funds–like Sequoia Capital India–are still involved.