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

6/8/15

Tobira Therapeutics Inc. (TBRA)

Tobira Therapeutics is looking healthy today, up 22.55% to $21.86. The liver and HIV treatment company saw its shares rally after news that it completed its recruitment for its Phase 2b CENTAUR study. Now that the company has a full recruitment of patients, it will be able to begin its study which it expects to have completed around mid-2016. The news helped shares rally over $4.00 but shares are well off of their 52-week high of $66.24.

The Airline Industry

Airlines are crashing and burning today with American, United, and Delta all down around 5% to $39.58, $51.29, and $40.90 respectively. Shares of the Airlines are continuing a decline due to increased capacity and pricing concerns. Also dragging on the industry is the Dow Transport Average heading lower, and some downgrades being tossed at the Airlines. The news is leaving many investors nervous and forcing shares down between $2-3 depending on the stock. The overall sentiment and downside in the Airline industry is leaving some to believe the industry is grossly oversold. 

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.