SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JoeinIowa who wrote (2409)6/27/2003 11:01:59 PM
From: JoeinIowa  Read Replies (1) of 23958
 
Trinity(TRIB) Update

For anyone else still holding TRIB they had two good pieces of announced news this week. They have settled a lawsuit with one of their competitors. It did not have any impact monetarily but it is nice to have it out of the way. They also announced a new $10M banking facility that is at lower interest rate. Both positives.

Another interesting point is that the 10 day average volume is now over 360K/day compared to the 3 month average of 250K. As the stock has gone up so has the volume.

A final comment I read on the yahoo message board and place a high level of credibility in the poster was about FDA approval of the AIDs test. TRIB met with the FDA in Washington this week during a biotech conference. The outcome is all that is left is for site approval in Ireland and that is scheduled for August.

Maybe ken will comment on the chart:

stockcharts.com[h,a]deolyyay[pc10!c50!d20,2!b200!f][vc60][iUb14!Lf!Lc20!Lg!Lp14,3,3!La12,26,9!Ll14!Lm12]&pref=G

I see the next resistance point around $4. This is a slow and steady mover that I think has the fundamentals to be much higher.

Joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext