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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 (2654)1/7/2010 1:17:18 PM
From: Jibacoa  Read Replies (1) of 3722
 
RXII is up 11% with volume now close to 90Ks > 1/2 its ADV.

bigcharts.marketwatch.com

The move is apparently in anticipation of RXII presentation scheduled for Tuesday in Frisco at the Biotech Showcase Conference.<g>

YHOO's "analysts consensus" have RXII as "buy" with a "target" of $15, but Thomson-Reuters has it as a "sell" based on its "metrics".<g>

The stock isn't off from the longer term DT coming from the March 2008 H at $23.95

bigcharts.marketwatch.com

RXII has strong research on RNAi, including potential treatments for inflammatory and metabolic diseases, such as obesity and obesity-related type 2 diabetes. Also on ALS.

It was able to trim some its loss on the 3rdQ but the loss for the Yr is still expected around $1.12 vs. $1.09 in 2008 For 2010 the loss is expected around $0.95
RXII has negligent LTD but has been burning its cash at a good clip.<g>

Bernard
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