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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%Nov 14 4:00 PM EST

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To: Jibacoa who wrote (2074)1/3/2008 4:53:37 PM
From: Jibacoa  Read Replies (1) of 3722
 
SCRX Also had a good UG & was up 17.43% at its intraday H, but closed up only 11.39% & isn't doing well AHs.<g>

bigcharts.marketwatch.com

It announced yesterday, after the market closed, that the FDA has approved all four dosage strengths of its new Sular formulation, which utilizes its patented GEOMATRIX technology.

SCRX has 3Qs of double digit improvement on revenues & also has better earnings. The EE for 2007 are $1.65 vs. $1.33 in 2006 & for 2008 the earnings are expected around $1.95

SCRX trades around 1.85xBV; it has > $2 in +CF; the short ratio increased 19% in the last month & is around 11x its ADV,

The stock has resistance at the 23.50 level & will probably close today's UG before it gets completely off from the DT coming from its Oct11 H at 28.83

bigcharts.marketwatch.com

On a close above $29 the stock could get to test its all time H of $33 in Jan 2001 <g>

bigcharts.marketwatch.com

Bernard
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