Monster Stock Trader mentions LIFE in their free newsletter tonight (monsterstocktrader.com):
If you are interested in a play on the H1N1 influenza virus, better known as the “swine flu,” you could do worse than Life Technologies (LIFE). The company provides tools that assist in the identification of the virus, and while its stock has had quite the run this year the chart seems to be indicating that even more gains are ahead. While we certainly hope that this autumn proves to be a non-event with regard to the “swine flu,” we take the facts as they are presented to us. The stock has shown extraordinary strength already in the form of the 4/29 and 7/29 gap ups and has now formed a very tight six week flat base. This all makes perfect sense when you consider that the number of mutual funds owning LIFE has almost doubled in the last 4 quarters. Considering that the company’s sales are accelerating at a very rapid pace, that earnings have been stable for some time, and that other stocks in its group are doing well, we would be quite interested in any big volume move higher from here, especially one that cleared the present consolidation.