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Biotech / Medical : Biotech & Pharma.T.A,

BIB 70.25

+0.1%

Nov 6 4:00 PM EST

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To: Jibacoa who wrote (1801)	6/7/2007 4:17:29 PM
From: Jibacoa	Read Replies (1) of 3722

ADL Is among the few biotech Co.s closing on the black today, after announcing yesterday its deal with Anhui Huayuan Medical for business in China & the private placements of common stock & warrants, raising approximately $5,330,375.<g> The stock was up for 4th day on a roll, with expending volume.In spite of some weakness in the last half hour of trading, after it had an intraday H of $4.22, itt managed to close above the $4 level, which was its Apr 16 H. bigcharts.marketwatch.com It needs to close above its Dec H at the $5 level, before it can test its Oct H at $5.58 bigcharts.marketwatch.com ADL Has 2 Qs of triple digit improvements on revenues & in the last Q was able to trim its loss a little.<g> The short position increased almost 30% in the last month. The insiders reportedly hold around 18% & the float is around 9.8M On a close above its Dec H, the next resistance would be the Oct 2004 H at $6.45. bigcharts.marketwatch.com Bernard

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