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Day 213: DVAX Thumbs Up


Mother's Little Helper portfolio was UP today +$2,799.84 (-0.37%).

Overall GAIN YTD: +$174,661.32 (+29.91%).

According to CNN Money our benchmark index, the S&P 500 is up +10.42% Year To Date.

Dynavax technologies had a big win today when they received approval from the advisory committee for Heplisav-B. Heplisav-B will now move on and seek formal FDA approval on or before August 10th. The FDA typically approves a drug that the AdComm Dynavax closed today at $9.25/share and is up about 80% right now in after hours trading at about $16.65. DVAX has been a solid performer for the portfolio. With our cost basis at

$4.10/share, a $16 share price will give us approximately a 290% return on the initial investment. Dynavax shares should see additional appreciation as Heplisav-B is commercialized and as their SD-101 oncology drug comes up for possible approval this summer.

 
 
 
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This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.
This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.

© 2016 by Clay Baker all rights reserved

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