6/3/16 Contest update
Biotech investors were JAZZed up for most of the week, bidding stock prices higher. But having sufficient gains for a fun three-day weekend holiday, came Friday, the longs left the field to the shorts.
Despite a down Friday, biotechs had another positive week. At Friday’s close, the Contest median was down -21.31% YTD (vs. down -26.12% YTD a week ago), the Nasdaq Biotech Index (NBI) was down -16.76% YTD (vs. down -18.45% YTD a week ago), while the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was down -17.52% YTD (vs. down -19.15% YTD a week ago). The Nasdaq Composite Index (NCI) closed down -1.30% YTD (vs. down -1.48% YTD a week ago).
DNAJOE’s portfolio, up 21.46% YTD, had another Yuge week and held on to a large lead. Second place MASTER’s portfolio, up 9.25% YTD, and third place JBOG’’s portfolio, up 0.31% YTD, also produced nice gains for the week.
At Friday’s close, 55 of the 58 Contest portfolios were in the red, with 18 beating the NBI and 19 beating the SPSIBI. The 224 Contest stock picks had an average YTD loss of -16.33% and a median YTD loss of -19.55%, with 51 of the 224 Contest portfolio stocks up for the year.
Below is the Top Ten list. Also below are the Top 5 & Bottom 5 Stocks for the week, ranked by % Gained and % Lost. (Prices not converted to US$ in these Tables.)
Portfolio adjustments: None.
(All corrections, especially adjustments for splits, greatly appreciated.)
Enjoy your first weekend of June biotechies.
Peace & good health,
Bulba
6/3/16
Rank Name Profit/Loss
1 DNAJOE 21,457
2 MASTER 9,251
3 JBOG 310
4 GENE -659
5 DANIEL -5,037
6 GHMM -5,440
7 DOUGH -6,933
8 DONS -11,529
9 JFM -11,903
10 AJM -12,100
Week's Top 5 Gainers
Symbol 5/27/16 6/3/16 Wk.%chg.
IMNP 0.21 0.34 61.90%
LBIO 5.82 8.65 48.63%
SNSS 0.47 0.60 27.61%
NVET 3.16 3.99 26.17%
AKAO 3.14 3.93 25.16%
Week's Worst 5 Losers
Symbol 5/27/16 6/3/16 Wk.%chg.
SRPT 21.19 15.57 -26.52%
CBAY 2.43 1.97 -18.93%
CERE 0.24 0.21 -10.21%
NTRA 13.45 12.11 -9.96%
QTNT 10.76 9.90 -7.95% |
