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Biotech / Medical : Biotech & Pharma.T.A,
BIB 86.27+6.0%Jan 7 4:00 PM EST

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To: Jibacoa who wrote (2171)3/6/2008 10:21:06 AM
From: Jibacoa  Read Replies (1) of 3722
 
MATK opened with an UG & is up 10.4% on volume of > 476Ks almost 2x its ADV

bigcharts.marketwatch.com

It reported yesterday after the close the results for the 1st Q with record revenues of $82.9M vs.70.3M in 2007 up 18% & earnings of $0.26/shr vs. $0.10 in 2007, up about 180%

It launched 3 new food and beverage products and 1 new pregnancy and nursing product containing its DHA during the Q.

The stock is trading about 1.75x its BV with a + CF of $1.45 The short ratio is about 12x its ADV.

It seems that in spite of the poor general market the stock could be able to retest the $34 level again.

The "analysts" have a target around $31, but I will keep mine around $40 <g>

bigcharts.marketwatch.com

Bernard
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