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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.07+0.9%Nov 12 4:00 PM EST

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To: zeta1961 who wrote (1694)12/6/2006 12:35:49 PM
From: Jibacoa  Read Replies (2) of 3722
 
INGN is having some intermittent 10Ks upticks today (none of which has been mine <g>) & the stock is now trading above the $4.50 level.

bigcharts.marketwatch.com

The short position which was around 50x the average daily volume came down about 15% in the last month, but it still is around 49x the DV.<g>

Revenues on the 3rdQ were up 83% (& more so on a sequential basis) to erase the revenue deficit of the first 2Qs.The loss was also trimmed for 2ndQ on a roll.<g>

Not taking into account the Nov.20 spike, the stock is now starting to get off from its nearterm downtrend coming from its Nov.1 H of 5.20

bigcharts.marketwatch.com

The one "analyst" that has been following the stock apparently keeps his "target" around $11, but that could be a little optimistic.<g>

finance.yahoo.com

bigcharts.marketwatch.com

OOPs, I shouldn't have mentioned this.<g> (the shorts got the price back below the 4.50 level on a 4Ks downtick as I was writting.) It is getting harder for me at my age to try to look at 3 or 4 screens at one time.<g>

Bernard
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