16 Dec Swing Trade Research: CERS
CERS – 12/14/2015 – Long @ $6.48avg
Tech: Monthly Bear Crab + SeedWave on $7.05 trigger with $9.22 overlapping 1.618 and 1.27 fib targets
Fund: Manufacturing costs dropping as 10% royalties cease and lower pricing. Launch growing in U.S. New P-codes assigned in US by CMS that give extra +$130 reimbursement per kit. One Blood major contract win. Also has NIH, Red Cross. Insider buying and baker bros investment owns 13.95% of company! HAE big competitor $31.38 actually closed a deal together. Dec 8th, May 6, 2016- 5k put sellers at .85
Earnings feb 22nd, 2016
http://seekingalpha.com/article/3656816-cerus-cers-ceo-obi-greenman-on-q3-2015-results-earnings-call-transcript?page=2Â Q3 conf call
http://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm427111.htm FDA approved first pathogen reduction system to treat plasma dec 2014
Weak:Â Eauro weakeness hurt margins, Russia drop in demand,
Catalysts:Â FDA new guidelines on bacteria and blood handling May 2016?, New contracts, Phave 4 Piper study
Articles:
http://seekingalpha.com/article/478151-my-favorite-stock-idea-for-the-next-decade <- pick of the decade..
http://seekingalpha.com/article/3556126-being-opportunistic-in-the-market-sell-off - CERS, APIC