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

BIB 71.52

+2.4%

Oct 31 5:00 PM EST

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To: Jibacoa who wrote (2538)	6/26/2009 2:15:25 PM
From: Jibacoa	Read Replies (2) of 3722

SKBI is trying to go over the resistance at the $16 level after its 1x10 RS and trading under its new symbol at the NAZ.<g> bigcharts.marketwatch.com Weibing Lu,its CEO, stated, "Our move to NASDAQ is a major milestone achievement following the substantial growth that we have delivered in revenue, earnings, production capacity and product development." SKBI is a China-based developer and distributor of veterinary healthcare and medical care products. It has four product lines (veterinary medicines, microorganisms, vaccines and feed additives) and over 170 products, with over 40 additional products in the developmental stage. It has formed strategic sales distribution networks covering 29 provinces throughout China. Will see if with the RS and the NAZ trading, it can get to close above the resistance at the $20 level. Its adjusted H after the RS is near $80 in 2005 <g> bigcharts.marketwatch.com And its adjusted all time H in 2000 is now above 1000 <hg> bigcharts.marketwatch.com According to an article in "Seeking Alpha" earlier this month, SKBI has some Swine Flu expertise. <g> seekingalpha.com Better keep an eye on it. <g> Bernard

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