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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (2035)5/27/2003 10:36:35 AM
From: Ken W  Read Replies (2) of 23958
 
Sergio

INSM: stockcharts.com[m,a]daolyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

Good for two bucks, first resistance.

The recent relisting is a definite positive as well as upcoming Phase III testing to be announced. BVF Partners (a biotech value fund) has been a constant buyer of the stock. I also noticed that they are heavy into CVAS (one of our other picks) Insiders have been buyers also.

Downside is minimal at 1.50 at a horizontal support line..could become a simple channel trader (I love that!) or a break over 2.00 takes it to 2.50ish.

Ken
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