This is a post about Nordion Inc.
From Google Finance : Nordion Inc. (Nordion) is a global health science company, engaged providing products and services used for the prevention, diagnosis and treatment of disease. The Company’s business segments include Sterilization Technologies and Medical Isotopes as well as certain corporate functions and activities reported as Corporate and Other. On July 13, 2013, BTG Plc announced that it has completed the acquisition of Targeted Therapies division from Nordion Inc
Seeking Alpha has a few good articles on Nordion. Here is a link to find out more on Seeking Alpha .
The central thesis for investment was that it is undervalued and has a 20% upside potential as of Sep 2013.
A good author for this is Tyler Kaster, who I think wrote the original pitch which I acted on.
Accordingly, i went long at 7.54 in Sep 2013.
The key jump came on 8th Jan.
I am for now, letting this ride with a monitor in terms of a trailing stop loss, to see how much further upside I can capture.
Price as of writing today is 10.16, anything from here is a bonus.
Full Disclosure : Long Nordion