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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 (1706)11/12/2007 1:33:56 PM
From: Jibacoa  Read Replies (1) of 3722
 
There goes VPHM ahead of Tuck's Biotech's "January-May Effect" <g>

In spite of the poor 3rdQ report, the stock seems to have found support at the 7.11 level & those are apparently lucky numbers.<g>

bigcharts.marketwatch.com

The stock needs to close above the resistance at the $10 to $10.30 level.

bigcharts.marketwatch.com

In spite of the poor results in the 3rdQ the EE for 2007 is still around $1.15 vs. $0.95 in 2006 but for 2008 the EE are down to $0.70. However VPHM has +CF >$1 & the short position had increased 43% to 7.7x its ADV (another lucky number.<g>)

At any rate, it seems one should keep a close watch on VPHM, while we wait for the "January Effect".<g>

bigcharts.marketwatch.com

Bernard
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