Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

5/20/15

Prima Biomed Ltd. (PBMD)

 Investors should pay attention to the global biotech company, Prima Biomed Ltd. PBMD increased by 212.50% today after announcing their outstanding clinical trails of their new drug CVac. The Australian company is known for their products directed toward the treatment of cancer. CVac is a cancer vaccine that is for patients in second remission. Moving forward, the company aims to make CVac available to suffering cancer patients around the globe.

The Airline Industry

Several airlines, American Airlines, Southwest Airlines, Jet Blue, and many others are struggling today. This sector-wide drop is not only related to oil prices rising but also due to increased competition from European airlines planning on expanding to the United States. Additionally, the C.E.O. of Delta Airlines announced today that they plan to add more planes. The addition of more airplanes has the potential to lower profits. While the airline sector is low today, it is worth noting that their sales are still growing. They could get more wind behind their wings in the future weeks. 

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.