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Biotech / Medical : biotech fireworks

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To: Jibacoa who wrote (402)11/12/2002 11:47:16 AM
From: Jibacoa   of 7424
 
DGEN Is up 21.83% on low volume of 15,700

Earnings release due tomorrow after the market close.

The insiders that own more than 80% of the shares and the institutions that hold more than 300% of the float have reportedly been doing some buying lately.

The stock is selling around 0.34 of book and below its reported cash/share of $1.88 (P/C is 0.44)

The stock seems to have good support at the $0.75 level and nearest resistnce at the $1.00 $1.25 and then the $1.50 from the H on October 17.

siliconinvestor.com

Will see if it can close above $1.00 today amd get over the $1.25 tomorrow after the news.<g>

Bernard
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