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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2054)12/21/2007 12:19:48 PM
From: Jibacoa  Read Replies (1) of 3722
 
ARWR is up 8.82% as it seems that it will try again to test the resistance at the $4.50 level.<g>

bigcharts.marketwatch.com

It announced yesterday that it plans to offer $50M in shrs & warrants in the future.

Arrowhead Research files for $50M Shelf
Thu Dec 20, 2007 5:01pm EST

WASHINGTON, Dec 20 (Reuters) - Arrowhead Research Corp (ARWR.O: Quote, Profile, Research) filed on Thursday to periodically sell up to $50 million in common stock and warrants.

The nanotechnology company said in a filing with the U.S. Securities and Exchange Commission that it plans to use the proceeds from the offering for working capital, research and clinical development activities, future acquisitions and capital expenditures.

Snip

I think I will wait for the results of Insert's IT-101 PII in January, to see if I can raise my "target" to $6.<g>

bigcharts.marketwatch.com

Bernard
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