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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: scaram(o)uche who wrote (2)5/22/2001 3:41:44 PM
From: tuck  Read Replies (2) of 1005
 
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to Rick's in post #2

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Looking at the common parameters alone, price and volume, what do the technicians/chart readers in the audience think? This is a trickle stock that I know well, a company whose products address the medicinal chemistry bottlenecks downstream of all those targets and libraries we now have. Yahoo's cash figures are accurate:

biz.yahoo.com

Its business should show renewed life in the 3Q01, and the company still foresees profitability in 1H02. Their current burn rate, you ask? ~$2 million per quarter.

BLUE HP makes its first move. Buys 2000 shares of AGNT @ $4.80. You guys want therapeutic or genomics companies in here? Show me the research!

Edit: Disclosure: BLUE HP manager just purchased some AGNT in real life at exactly the above price.

Cheers, Tuck
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