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Biotech / Medical : Biotech & Pharma.T.A,
BIB 80.830.0%Jan 16 4:00 PM EST

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To: Jibacoa who wrote (1779)1/16/2008 11:03:05 AM
From: Jibacoa   of 3722
 
AMRI seems to have found support at the $12.40 level & is trying again to go over $14. It is up 8% on moderate volume of 33Ks.

bigcharts.marketwatch.com

AMRI redesigned its website with the purpose of improving its image as a provider of high quality, cost-effective drug discovery, development and manufacturing services throughout the world, according to its CEO, Thomas E. D'Ambra, Ph.D.

It has 4Qs of double digit improvements on revenues & earnings.It trades around 1.33xBV with a +CF around $0.60 The short ratio came down 10% last month & is around 11x its ADV

The stock has substantial resistance at the $17 & $19 levels. It needs to close above that in order to get off from the DT coming from its Dec2000 H at $71 <g>

bigcharts.marketwatch.com

Bernard
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