July 10, 2017


  • Notable Gainers

    • BGNE
    • LGIH


  • Notable Loser

    • SLCA

Notable Gainers

BGNE – BeiGene, Ltd.
-BeiGene, Ltd. operates as a clinical-stage biopharmaceutical company. The Company focuses on discovery and development of immuno-oncology drugs that address severe unmet medical needs in a variety of cancer indications. BeiGene serves patients worldwide.

Classification: Informed Spec

-Celgene bought a stake of BeiGene to help develop and commercialize the China-based cancer immunotheraphy developer’s treatment for solid tumor cancers and expanding its position in the field of immuno-oncology.
-2nd day mover bgne 2ARNA – Arena Pharmaceuticals
-Arena Pharmaceuticals, Inc. is a biotechnology company that has developed a receptor-based screening assay using their own CART technology.

Classification: Informed Spec

-JP Morgan upgraded Arena ahead of the Phase 2 data results expected later this year for Ralinepag for pulmonary arterial hypertension (readout in July) and etrasimod for ulcerative colitis.arnaLGIH – LGI Homes, Inc.
-LGI Homes, Inc. operates as a home builder. The Company designs and builds homes. LGI Homes serves customers in the States of Texas, Arizona, Florida, and Georgia.

Classification: Value

-The company last night announced record June home closings of 623 vs. 355 a year ago. For all Q2, closings of 1,511 were also a record, and up from 1,128 a year earlier. lgihSLCA – US Silica Holdings, Inc.
-U.S. Silica Holdings, Inc. is a producer of industrial silica and sand proppants. The Company produces a variety of industrial minerals including sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay, and aplite clay. U.S. Silica offers its products to the oil and gas, glass, chemical, and building products industries.

Classification: Value

-The company’s competitor Unimin Corp, a privately held company announced that it will construct a major new plant in the Permian Basin that could produce 5M tons/year beginning early 2018.
-Most of the sand supplied to west Texas oil producers currently comes from mines in Wisconsin and Illinois.
-Investors are looking at all the new mine capacity in the Permian and that threatens the pricing outlook for sand from existing companies. slca


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