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robhenderson222 179 posts  |  Last Activity: 16 minutes ago Member since: Jun 26, 2011
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  • The governor of the commonwealth, Alejandro García-Padilla, wrote in an op-ed for CNBC Wednesday that the territory will not make some $1 billion in bond payments on Friday as it struggles with the long-term implications of it’s massive deficits.

    “On July 1, 2016, Puerto Rico will default on more than $1 billion in general obligation bonds, the island’s senior credits protected by a constitutional lien on revenues,” he said in the post.

    García-Padilla also emphasised the need for a long-term restructuring of the territory’s more than $70 billion in debt, saying Puerto Rico’s obligations “must be restructured fairly and equitably” for both the creditors and citizens.

    In addition, the US Senate passed a bill Wednesday, just hours after García-Padilla’s op-ed, that will allow Puerto Rico some of the same bankruptcy protections afforded to states, which had previously not been allowed under US law.

    Under the new bill, which is expected to be signed quickly by President Obama, the territory will have to cut some of its public services and establish an outside board to guide the restructuring.

    Sentiment: Strong Buy

  • In the thick of mosquito season, Congress is about to start its holiday break with no deal on money to combat the Zika virus -- and no signs that a compromise is looming in the five-month debate.

    Senate Democrats on Tuesday shot down a House-passed bill that would have provided $1.1 billion to fight the mosquito-borne virus, citing opposition to the measure's changes in pesticide regulations and restrictions on money for birth control.

    “Our friends on the other side are stopping the Zika funding bill, which we all agreed … needed to be done by July 1,” Senate Majority Leader Mitch McConnell said. “It's inexplicable and unacceptable to not be able on a bipartisan basis to address this important public health care crisis.”

    Sentiment: Strong Buy

  • BROOKLYN - Public health officials have confirmed at least 233 cases of the Zika virus in New York City.

    Health officials expect that number to rise in the coming months as more people travel to and from the Carribean and Latin America.

    The Department of Health commissioner says more than half the cases of Zika are from people who recently arrived in New York City from the Dominican Republic.

    Sentiment: Strong Buy

  • Zika virus causes different types of brain damage in babies, not just microcephaly, according to two new reports.

    Brazilian researchers found as many as one in five babies born with brain damage caused by Zika had normal-sized heads. That means babies who may seem normal may in fact suffer from serious conditions that parents and doctors may not notice until they get older.

    The findings show that if a pregnant woman is infected with Zika — even if a baby is born with a normal-sized head — the child could have severe brain damage.

    Sentiment: Strong Buy

  • Zika can be challenging to diagnose in humans. Different tests have to be performed at different times. In the first week of infection, doctors use a test called PCR to look for the virus in the blood. But after that, they rely on tests that look for the immune system’s reaction to the virus, not the virus itself.

    “And you’re relying on people to go to the doctor in the first place,” Hotez said.

    Since the symptoms of Zika are usually mild, some may choose not to visit a clinic. If they do, “the system for health care providers to do Zika testing is cumbersome,” he said. “Imagine you have a busy practice where there’s pressure to do a high turnover. You’re not going to be able to test everyone with rash and fever for Zika.”

    Sentiment: Strong Buy

  • WASHINGTON D.C. -- House and Senate Republicans have reached agreement among themselves on a $1.1 billion measure to combat the Zika virus, but the measure drew immediate opposition from Democrats who signaled they would scuttle it over its spending cuts and "poison pills."

    The measure -- and the looming partisan battle over it -- comes as a deadline to pass the Zika funding into law is beginning to run out.

    Sentiment: Strong Buy

  • The Centers for Disease Control and Prevention will not confirm any diagnosis publicly until after the babies are born. The federal health agency confirmed in April that the Zika virus can cause a birth defect called microcephaly -- an underdeveloped brain at birth. It's the first time in history a virus transmitted by mosquito bite has been found to cause birth defects.

    "What we're learning is that they have a severe form of microcephaly that is oftentimes associated with other problems in the brain that can be seen on imaging or CT scan or MRI's, that makes us really concerned," said the CDC's Dr. Sonja Rasmussen at the time.

    Sentiment: Strong Buy

  • Reply to

    Bear Raid Was Timed to the Interview

    by patcarr832 Jun 21, 2016 2:53 PM
    robhenderson222 robhenderson222 Jun 21, 2016 3:35 PM Flag

    A ATM offering isn't a bad thing when the company is simply raising funds to bring a slew of products to market. In fact its the opposite, its extremely positive. Any muppets who want to believe the every offering is dilution hypothesis doesn't know what they are talking about.

    Sentiment: Strong Buy

  • Inovio Pharmaceuticals Inc (NASDAQ:INO)‘s stock had its “buy” rating reissued by equities research analysts at HC Wainwright in a research report issued on Tuesday.

    Sentiment: Strong Buy

  • Inovio Pharmaceuticals Inc (NASDAQ:INO)‘s stock had its “buy” rating reaffirmed by stock analysts at Maxim Group in a research report issued on Tuesday. They presently have a $14.00 target price on the biopharmaceutical company’s stock. Maxim Group’s price target points to a potential upside of 25.00% from the company’s previous close.

    Sentiment: Strong Buy

  • DNA vaccines are safer and quicker to produce than egg or cell-based products, says VGXI which manufactured material for a recently approved first-in-man study of a Zika vaccine.
    http://www.biopharma-reporter.com/Bio-Developments/VGXI-plant-expansion-to-support-Inovio-s-Zika-DNA-vaccine-development

    Sentiment: Strong Buy

  • As of Friday, New York City has reported 182 cases of Zika, 20 of whom were pregnant at the time of diagnosis.

    To date, 3,605 people in the city have been tested for the virus for a 5% infection rate. There have also been two cases of Guillain-Barré, a syndrome that affects the nervous system and has been associated with the virus, according to the Centers for Disease Control and Prevention.

    Sentiment: Strong Buy

  • robhenderson222 by robhenderson222 Jun 21, 2016 2:33 AM Flag

    The best secondary offerings are the ones that take place right after a company has nailed an important proof of concept or de-risking event. In those situations, an offering should be welcomed because it is simply being used to fuel the next stage of growth. Companies are going into these offerings with the upper hand, so any dilution should be minimal and efficient. I usually think of the additional money raised in these cases as supplementing my investment, not diluting it.

    Sentiment: Strong Buy

  • Even though the explosive spread of the Zika virus has been met with a new level of international response, thanks to lessons learned from the Ebola crisis, experts warn they are only beginning to grasp the damage the mosquito-borne virus can do.

    Doctors speaking at a U.N. meeting on Global Health Crises said Monday that the Zika virus has already affected 60 countries on four continents, and a major outbreak on the Atlantic Ocean island nation of Cape Verde suggests the disease is now poised to enter continental Africa. Zika has already become epidemic in Latin America and the Caribbean.

    Sentiment: Strong Buy

  • “We can’t protect women and children,” Dr. Tom Frieden, director of the U.S. Centers for Disease Control and Prevention, told the delegation, according to a report released by U.S. Rep. Vern Buchanan’s office.

    The mosquito responsible for spreading the virus is harder to kill than an ordinary mosquito, Frieden said. “This is the cockroach of mosquitoes. It lives indoors and outdoors, bites both day and night, and bites four or five at a time.”

    Sentiment: Strong Buy

  • Congress will be abdicating its core responsibility to the American people — public safety — if it breaks for a weeklong recess Friday without authorizing funds to combat the mosquito-borne Zika virus, a Florida Republican said Monday.
    “Today is the first day of summer, which means mosquito season is here and that means the Zika virus is here,” Rep. Vern Buchanan said. “People’s lives are at stake — the time for inaction is over.”
    Mr. Buchanan was the first House Republican to back President Obama’s request for $1.9 billion in emergency spending to combat Zika virus, which is swirling in Latin America and Puerto Rico and can cause serious birth defects in infants born to infected mothers.
    Instead, congressional negotiators are reconciling a House plan that takes $622 million from the lingering fight against Ebola in West Africa and other health accounts to fight Zika with a Senate plan that posts $1.1 billion without paying for it with cuts elsewhere in the federal budget.

    Sentiment: Strong Buy

  • The number of people infected with Zika in Puerto Rico is rising at an alarming rate, putting pregnant women at even greater risk of their babies suffering severe birth defects, a top U.S. public health official said Friday.

    The latest data show that the most accurate, real-time indicator of Zika infection suggests that thousands of pregnant women there could contract the virus in the coming months. That, in turn, could lead to "dozens to hundreds of infants born with microcephaly in the coming year," Tom Frieden, director of the Centers for Disease Control and Prevention, said during a media briefing.

    Sentiment: Strong Buy

  • DECATUR, ALA. — Fogger trucks that ply many neighborhoods with mosquito-killing pesticides in the evenings likely do little to control the possible carriers of the Zika virus, according to an Auburn University researcher and a state health official.

    The problem is in the timing of treatment — known as ultra-low-volume spraying — according to Derrick Mathias, an assistant professor at Auburn University who is researching mosquitoes as possible vectors for the Zika virus.

    Mathias said the trucks used in many towns and cities across the state do a good job killing species such as the southern house mosquito, which is active in the evenings and known to spread diseases such as the West Nile virus.

    But the Asian tiger mosquito, which is considered to be the most likely vector for a Zika outbreak in Alabama, is only active during the day.

    Read more at http://www.wral.com/experts-some-mosquito-controls-ineffective-against-zika/15793025/#PZMob4PX2wdHCZ3f.99

    Sentiment: Strong Buy

  • Reply to

    Inovio and Zika News Cycle - Major win in PR

    by bballgm Jun 20, 2016 7:48 PM
    robhenderson222 robhenderson222 Jun 20, 2016 8:05 PM Flag

    Thats right its the gift that will keep on giving. Every time the media now mentions Zika vaccines they will be name checking Inovio and that will go on for weeks nearly every single day

    Next up will be local transmission, sexual transmission, questioning of the diagnosis and under reporting questions, lack of government funding and more bad news about birth defects

    There is a tsunami of money coming to Inovio over the next few weeks

    Sentiment: Strong Buy

  • robhenderson222 robhenderson222 Jun 20, 2016 8:01 PM Flag

    Thats right america they don't even know if its there or not... read about the symptoms, how long the test results take and how the numbers are correlated and published = under diagnosed and reported

    Sentiment: Strong Buy

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