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RegMed sector; a walk-out in the stem tent as the music fades

Proactive Investors
Friday, 7 December 2012

*The 6 W’s: Who, what, where, when, why and what of it …*

*                      *

*RegMed stocks opened – low and slow – on Friday. It has been said that investors suddenly are not so prone to sell losing stocks as they could be … worth more in the New Year.*

*While upbeat employment data helped to push the market higher at the start of trading on Friday, buying interest waned not long after the open.* *Employers added 146,000 new jobs in November and the unemployment rate dropped to 7.7% from 7.9% — the lowest since December 2008. The uptick in jobs was “a pleasant surprise” but the report was “mixed.*

 

*Research Notes:*
· *The California Institute for Regenerative Medicine (CIRM) board criticized for conflicts of interest … http://www.scimitarequity.com/blog/2012/12/07/the-california-institute-for-regenerative-medicine-cirm-board-criticized-for-conflicts-of-interest ;*
· *Cytomedix (OTC QX: CMXI) Veterinary application for equine endometritis (PMIE) …http://www.scimitarequity.com/blog/2012/12/07/cytomedix-otc-qx-cmxi-veterinary-application-for-equine-endometritis-pmie .*

* *

*Who is up –Bioheart (PINK: BCLI +$0.0001), Dendreon (DNDN +$007) and  ReNeuron (RENE.L +$0.10) and Verastem (VSTM +$0.06).*

*Mid-Day: The NASDAQ is DOWN -18.24 (-0.61%) to 2,971.02 while the Dow is UP +42.09 (+0.32%) to 13,116.13.*

*Measuring the day – NEGATIVE – 4 green (ups) following 20 red (downs) and 4-5 fluctuating black (flats) … The CBOE Volatility Index slipped to near 16 from near 17.*

 

*My Model Portfolio and Indicators:*
· *Aastrom (ASTM) is DOWN … -$0.02 or -1.63%  at $1.30 with a tighter mid-day range of $1.29 – $1.32 with larger 61 K volume … compared to Thursday’s closing range of $1.28 – $1.35 with large volume of 128.4 K. I am NOT giving up as ASTM has been getting “hammered” on filings of stock sales but, they are … related to the warrant swaps … which other companies have been … unable … to recognize with their “muddied” balance sheets!  I have maintained a “BUY” in this market and at this pricing because of the late stage trial status.***
· *BioLife Solutions (OTC: BLFS) is DOWN … -$0.05 or -14.29% to $0.30 … Again, the joys of a rising stock price and the sorrow in a tough morning – right at the open …  profit taking by traders in a larger trading range of $0.20 to $0.30 with larger  12.6 K share volume compared to Thursday’s closing range of $0.30 to $0.35 and much larger 68.2 K volume.  I continue to reiterate this as a “BUY” on downdraft … still sticking to BLFS being under-valued –with a $0.50 target!*
· *Cytori (CYTX) is DOWN … -$0.19 or -4.86% to $3.72 … hitting and losing my $4.00 “handle” , again with a lower and broader  trading range of $3.69 – $3.95 and larger volume of 167 K shares from Thursday’s closing wide range of $3.86 – $4.04 with much larger 155.4 K in volume … I project… a daily “BUY” for …these downward trend always comes back as traders buy back for a trading “play”. *
· *Cytomedix (OTC: CMXI) is FLAT… $0.70 with a tighter trading range of $0.68 to $0.70 with moderate volume of 70 K shares from Thursday’s closing range of $0.68 to $0.77 and 109.4 K share volume. CMXI is undervalued and most recently stated it was worth $1.25 … at a minimum. This am’s release on … Veterinary application is early but, should be channeled as … the equine market is often under-appreciated as an important part of the animal health market. There are approximately 10.5 M horses in the US, and their owners are willing to spend “unlimited” amounts of money on their health care, to the tune of several hundred million dollars. These horses are responsible for generating over $40 B per year in spending. My hypothesis is a “BUY” ranking.*
· *NeoStem (NYSE MKT: NBS) is FLAT …  at $0.63 … with a tighter and lower day’s range of $0.63 -$0.64 … with low 156 K volume so far from Thursday’s closing range of $0.63 – $0.67 with larger 388.3 K share volume. NBS is still steadier on the up and down road. I believe NBS continue a “BUY” as I have been iterating for a while! But, day traders, retail and individual investors are slowing the year down … !*
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