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

BIB 86.27

+6.0%

4:00 PM EST

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To: Jibacoa who wrote (2243)	8/11/2010 11:39:42 AM
From: Jibacoa	of 3722

After tanking on Oct2 when it announced negative results of the PII of Plicera on Gaucher's, FOLD seems to have found support at the $1.90 level. <g> The stock is still up 8.44% in spite of the general market. Volume is > half its ADV bigcharts.marketwatch.com FOLD reported its 2ndQ results last week. It was able to trim its losses to $0.41 from $0.60 in 2009 and said that its present cash position should be enough to enable it to continue its present operations until the 2nd half of 2011.<g> It mentioned that it is working on some drugs that may have potential for treatment patients with Parkinsons and A.D.<g> A transcript of the CC is still available at S.A. seekingalpha.com The ACTAY is $4.75 But with some good news, if the stock could get to close some of its Oct2 DG it could be a good % gain from present levels. bigcharts.marketwatch.com However, with the present general market conditions, it is probably better to wait and see if the DOW can get back fo close above 10,600 <g> bigcharts.marketwatch.com Bernard

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