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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.74-4.1%Feb 5 4:00 PM EST

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To: zeta1961 who wrote (1694)10/27/2006 3:22:34 PM
From: Jibacoa   of 3722
 
Anything else look interesting as we head into the holiday season?

It seems that there is always something that looks interesting.<g>

Today RDY is having a spike after announcing good results for it 2ndQ with 193% improvement on earnings & more than 300% improvement on revenues. It seems it shouldn't have any problems in retesting its May H at 19 in spite of high PE & significant LTD.It has not closed today's upgap & the short interest around 11x the daily volume had increased 30% in the last month.<g>

bigcharts.marketwatch.com

INGN had a nice uptick at 11.20AM & is staying on its recent uptrend. It seems it should be able to test the resistance from the $5 to $5.05 level.

bigcharts.marketwatch.com

As the Year end approaches, it is sometimes a good time to consider some "bottom fishing", albeit that's always very speculative, but sometimes can be substantially rewarding.<g>

Keep an eye on PRCS which seems to have support around $2 in spite of its poor revenues & large loss.The insiders reportedly hold more than 10% & it sells around 0.5x BV. Today is up around 6% & had some news this week about its PPI-2458 for R.A.

bigcharts.marketwatch.com

Bernard
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