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Biotech / Medical : Biotech & Pharma.T.A,
BIB 82.35-4.5%Jan 8 4:00 PM EST

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To: mlkr who wrote (2706)3/10/2010 11:36:37 PM
From: Jibacoa   of 3722
 
OCLS had an UG today. The stock was up 48.62 % on volume of 11,267,600 almost 37x its ADV. It continued to hold its gain AHs. <g>

bigcharts.marketwatch.com

It announced today that it has received clearance from the FDA for new dermatology indications for Microcyn Skin and Wound HydroGel, which is used for treatment of wounds including relief of its associated pain. <g>

The stock traded above its Sep14 H of $3.18

OCLS has 4Qs of better revenues, albeit not on a sequential basis.<g>
It also has been trimming its loss and the EL for 2010 is around $0.37 vs, $1.09 in 2009 and for 2011 a further trim in the loss to around $0.18 is expected.

OCLS has low LTD and the ACTAY is $4.50 in spite of its good sized negative CF and BV around 0.22 <g>

I think some of today's UG probably will be closed with the stock trading back to the $2.25 level, but with some further good news, the analysts' target above $4 could be attainable.<g>

bigcharts.marketwatch.com

Bernard
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