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Biotech / Medical : Biotech & Pharma.T.A,
BIB 85.24+0.5%Feb 4 4:00 PM EST

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To: Jibacoa who wrote (2775)6/29/2010 2:02:34 PM
From: Jibacoa1 Recommendation   of 3722
 
CADX is also among the biotechs staying on the green today.<g>

The stock is up 2.13% on volume of >290Ks, which is > its ADV and it is still trading above the resistance at the $7 level.

bigcharts.marketwatch.com

It announced last week that it has signed an agreement to acquire Incline Therapeutics,a privately held specialty pharmaceutical company.

I also said that it has closed a $30M loan with Oxford Finance Corporation, Silicon Valley Bank and GE Financial Services.

The ACTAY is $11.50
But the stock has a good amount of resistance from the $8 to the $10.90 level
I would put a TT at $8.40 <g>
bigcharts.marketwatch.com

Bernard
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