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Biotech / Medical : Biotech & Pharma.T.A,
BIB 82.74-1.3%Dec 26 4:00 PM EST

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To: Jibacoa who wrote (2612)9/28/2009 1:03:09 PM
From: Jibacoa  Read Replies (1) of 3722
 
BDSI is up 13.21% with volume now > its ADV

In spite of its lowefr revenues for the last 4Qs and its higher losses in the last 3Qs, the stock was able to trade above the resistance at the $5 level.<g>

bigcharts.marketwatch.com

It will be presenting tomorrow at at 11:00a.m. in NY at the 2009 Maxim Group Growth Conference.
Its CEO, Dr. Sirgo will be discussing the recent FDA approval and market opportunity for ONSOLIS and the status of BDSI’s product pipeline, including BEMA Buprenorphine and other potential future product opportunities utilizing the BEMA drug delivery technology.<g>

In spite of its losses, BDSI has NLTD and the insiders reportedly hold >25%

Although the loss for the current Yr. is expected around $1.42 vs. the $1 loss in 2008, the pending 2Qs reusults are expected to show a $0.13 less loss than in 2008 and for 2010 Yr.,the loss is expected to be cut to around $0.07 <g>

In February it reported results on a PI on oral amphotericinB, which apparently was well tolerated.

If the stock holds above the $4 level it could get to double again.<g>
Its H in June was $0.03 above its $8.26 H in April 2007

bigcharts.marketwatch.com

Bernard
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