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Biotech / Medical : Biotech & Pharma.T.A,

BIB 79.78

0.0%

Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2184)	2/4/2008 2:30:13 PM
From: Jibacoa	of 3722

INSM is up for 2nd day on a roll as it wants to try the resistance at the $0.88 level.<g> Volume is already > 551Ks. bigcharts.marketwatch.com On Jan 24 it gave an update on its IPLEX Expanded Access Program in Italy for the Treatment of ALS. It said that it received $5.2M in cost recovery from EAP for drug supplies in 2007. The EAP has now 15 physicians & > 70 subjects have been enrolled so far. IPLEX appears to have been safe and well tolerated & no individuals have dropped out for reasons related to IPLEX. INSM has reported triple digit improvements on revenues for the last 4 Qs & has been able to trim its losses.The EL for 2007 is around $0.20/shr vs. the $0.58 loss in 2006 & for 2008 the EL is around $0.15/shr The short ratio went up 15% in the last month & is now around 5x its ADV. The stock needs to close above its Jan 3 H of $0.92 in order to get off from its near term DT.Its longer term DT comes from the Jan 2006 H at $3.25 The Sep 2000 H was $19.60 <g> bigcharts.marketwatch.com Bernard

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