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

BIB 70.19

+2.8%

4:00 PM EST

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To: Jibacoa who wrote (1855)	12/6/2007 11:53:59 AM
From: Jibacoa	Read Replies (1) of 3722

ADL has continued to hold its support at the $4 level, waiting to see if it can close above $4.75 <g> bigcharts.marketwatch.com Its Chinese subsidiary, Jade Pharmaceuticals has been in the news lately with its Goodnak injectable, which is an anti-aging & skin care product that contains various therapeutic elements including human placental histosolution & is already been sold through channels that service high-end beauty salons, plastic surgery hospitals & medical cosmetology institutions. Some recent analyst reports have a "target" for ADL shrs around $28 in the next 18 months, but I think that if the stock can close above its Oct 2006 H of $5.58 it could get to test its Jan 2004 H at $9.40 or even its Aug 2003 H at $12, but the March 2002 H at $21.95 looks too far at present.<g> At any rate,in view of the impressive revenue gains in the last 4Qs & the fact that it was able to close on the black on the last Q, the float of < 10M & the small LTD it seems that the R/R doesn't look bad at present levels.<g> bigcharts.marketwatch.com Bernard

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