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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (105)2/28/2002 2:34:30 PM
From: Jibacoa  Read Replies (1) of 544
 
Pretty good up-gap today on CSON.

It is # 6 among the NAZ best gainers today. (Was #4 a while back this morning.<g>) Volume remains low at 36,600 albeit that is about 3x its recent 10 day average.<g>

The stock is now trading today above the 3.50 level where the CEO had been buying lately. Apparently insiders and institutions believe the "hemostatic glues" have some good prospects in spite of the recent profit loss.>g>(Both have reportedly been buyers lately)

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Bernard
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