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

BIB 69.53

-1.0%

Nov 7 4:00 PM EST

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To: zeta1961 who wrote (1798)	10/12/2007 11:25:46 AM
From: Jibacoa	Read Replies (1) of 3722

INGN continues its near term up trend for 3rd day on a roll.<g> bigcharts.marketwatch.com It's getting close to the resistance from its Sep 7 H at 4.85 & its more important resistance at the $5 level.It also has to deal with the April 18 spike to 6.35 bigcharts.marketwatch.com But if they announce the NDA for Advexin as Dr.Sobol reiterated yesterday they will do within the next 2 months, the shorts better start covering, since on a close above $6 the stock will test its Dec 2004 H at 9.81 much faster than they think. That would be a 100% gain from present levels.<g> bigcharts.marketwatch.com Bernard

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