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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (649)3/6/2002 6:31:08 PM
From: Jibacoa  Read Replies (1) of 1005
 
LSBC seems to have bottomed at the 2.80 level and gave a buy signal at 2.25PM today at the 2.90 level.

Next resistance is now (besides the Feb.27 H of 3.29 <g>) the Feb.14 H at 3.55. It has to close above that level to confirm "upside momentum".<g>

Today's volume albeit 50% higher than yesterday was not too impressive.<g>

Are you aware of any news or scheduled "presentations" ?

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siliconinvestor.com

The last c.c. was not good because they announced the termination of their deal with Dow Chemical, which had been providing most of their revenues. They also terminated their deal with Biosite. I don't know if they still have some deal with Nippon Tobacco.

RAGL

Bernard
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