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RegMed sector, stocks swing 2 steps forward, 1 step to the side and 1 step back

31st Jan 2013, 4:10 pm by Henry McCusker

End of Day, Cause and Effect

RegMed stocks were modestly unchanged but, listless on Thursday, finding little impetus for trading.  Breadth continues – barely POSITIVE – with universe losers (16) following gainers (17) following with flats (4).The CBOE volatility index finished just shy of 14.

 Still, the beneficial “January effect” that originally had the NASDAQ rising 4% in January. Lot of help that gave to the … RegMed sector but, all take all inputs. Although … quarterly earnings reports have not started, a bearish case for the economy seems to be building, with key data coming in softer than expected.

The RegMed sector is … a stumbling recovery. It’s getting better but it’s going to be 2 steps forward, 1 step to the side and 1 step back.

 

Who is up at the close?   

  • Aastrom (ASTM) +$0.01),
  • Athersys (ATHX +$0.21),
  • Bioheart (PINK: BHRT +$0.0005),
  • BioLife Solutions (OTC: BLFS +$0.03),
  • BioMimetic (BMTI +$0.30),
  • Biorestorative (PINK: BRTX +$0.0018),
  • Cytomedix (OTC: CMXI +$0.009),
  • Cryo-cell (OTC: CCEL +$0.13),
  • Geron (GERN +$0.11),
  • ImmunoCellular (NYSE MKE: IMUC +$0.10),
  • International Stem Cell (OTC: ISCO +$0.039),
  • MiMedx (PINK: MDXG +$0.01),
  • NeoStem (NYSE MKT: NBS +$0.025),
  • Opexa (OPXA +$0.03),
  • Shire (SHPG +$0.03),
  • VistaGen (VSTA +$0.005),
  • Wright-Medical (WMGI +$031).                                                       

 

Closing Bell: The NASDAQ closed DOWN 0.18 (-0.01%) to 3,142.13 while the DOW is also DOWN -49.84 (-0.36%) to 13,860.58. 

Indicators … some of my favorites at the close:

  • Aastrom (ASTM) closed UP … +$0.01 <0.75%> with large 367.5 K share volume at $1.34;
  • BioLife Solutions (OTC: BLFS) closed  UP  … +$0.03 (from $0.08) <+12%> on large 25.07 K  share volume at $0.28;
  • Cytomedix (OTC: CMXI) closed UP … +$0.01 <+1.41%> on moderate 47 K shares to $0.72;
  • Medistem (PINK: MEDS) closed DOWN… -$0.23 <18.7%> on 10.5 K shares to $1.00;
  • NeoStem (NYSE MKT: NBS) closed UP … +$0.03 <+3.91%> on volume returning of 1.373 M shares to $0.63.

 

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