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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2750)5/13/2010 10:44:00 AM
From: Jibacoa  Read Replies (1) of 3722
 
POZN is up 9.68% with volume of > 290Ks > 1/3 its ADV

bigcharts.marketwatch.com

Last week it announced results of a PI of PA65020, its combination of enteric-coated aspirin and immediate-release omeprazole, which showed significantly reduction on the incidence of GI mucosal damage vs. enetric coated aspirin alone.

Earlier this month the stock had traded above $12 after it anounced that the FDA had approved VIMOVO, its naproxen and esomeprazole magnesium delayed-release tablets for of osteoarthritis, RA, and ankylosing spondylitis.

The stock is trading again above $9 but what was previously support is now a good amount of resistance at the $10 level.<g>

POZN was able to trim some its loss on the 1stQ in spite of lower revenues.
The EE for 2010 & 2011 are around $0.03 & $0.24 on the black vs. the loss of $0.25 last Yr.

The ACTAY is $11.75 It seems that with some good news the stock could trade again above $12 <g>

bigcharts.marketwatch.com

Bernard
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