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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.64-0.2%Jan 2 4:00 PM EST

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To: Jibacoa who wrote (2874)8/9/2010 12:50:22 PM
From: Jibacoa  Read Replies (1) of 3722
 
GENT is bouncing up from the $4 level.<g>
The stock is up 11.46% as it is now trading at its intraday H with volume still moderate, but about 1.5x its ADV

bigcharts.marketwatch.com

There are no news that I am aware.

The ACTAY remains at $5
But with 4Qs of better revenues and after it reported on the black on the 1stQ(March) with an almost 400% better revenues, I will still keep a TT at $10.<g>

In February, GENT received an initial payment of EUR 5.11M ($7.0M) from Sigma-Tau in connection with amending the existing license and supply agreement to include the commercialization of the prevention of Defibrotide in North America, Central America and South America.

As of March 31, its cash position was about 4x its cash as of Dec.31.<g>

bigcharts.marketwatch.com

Bernard
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