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Biotech / Medical : Rockwell Medical Technologies (RMTI, RMTIW)
RMTI 1.090-2.2%3:27 PM EDT

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From: scott_jiminez1/10/2005 4:34:12 PM
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There was a huge spike in volume, accompanied by a significant price spike, 10 days ago...and the price has been sustained (if not gradually moving towards the apex of the price spike) subsequently.

In the interim, the expiry of the warrants has been extended until 2006.

My sense is that there is rational expectation Rockwell's iron-supplemented dialysis product will be approved by the FDA in the near future and thus a source of new, constant, and substantial revenue stream will be in place.
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