IGT Pharma (V.IGT) Anti-Cancer Blockbuster!! Message Board

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Gold/Mining/Energy : IGT Pharma (V.IGT) Anti-Cancer Blockbuster!!

IGT 16.56

-0.2%

Nov 3 3:59 PM EST

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To: Michel Goguen who wrote (9)	7/10/1997 10:04:00 AM
From: Solid Play	of 86

IGT Pharma had a breakout from about 50 cents earlier this year, virtually tripling within a couple weeks...then pulled back. After being subdued by Bre-X Gold-gate at the end of March, it steadied between $ 1.00 and $ 1.20. Lately, after getting caught up in the general VSE slide and hitting the low 80's in cents, a couple of announcements generally indicating that all is progressing well on initiation of clinical trials have been made, as well as one on the aquisition of Precision Biomedical. The stock looks well bid between $ 1.05 and $ 1.10 and has returned to a bullish stance, technically. With the Australian Gold dumping scare well factored into the market, and being non-resource, IGT should not reasonably see $ 1.00 again IMHO. One more key announcement, which could happen at any time, and a little brokerage "awareness raising" and IGT has great potential to break the worst resistance at about $ 1.25 and make the next major advance in price.

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