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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.39-1.9%Nov 19 4:00 PM EST

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To: Jibacoa who wrote (2597)2/2/2010 2:39:56 PM
From: Jibacoa  Read Replies (2) of 3722
 
BSDM was up 64.67% at its intraday H this morning and it is still up 34.72% with volume of > 1,552,100 about 50x its ADV.<g>

bigcharts.marketwatch.com

The stock opened with an UG. Volume is still below the 11M traded on Sep22

bigcharts.marketwatch.com

BSD reported the publication of a news article on the evolving role of hyperthermia in cancer therapy.

The article stated that, “Successful use of targeted heat therapy with chemotherapy in treatment of soft-tissue sarcoma has given U.S. advocates of local hyperthermia new hope that the treatment they so believe in will now be taken seriously.”

The article reviewed the EORTC/NCI PIII on 341 high risk sarcoma patients, which showed a significant improvement in disease-free survival and demonstrated that patients were 30% more likely to be alive and cancer-free almost three years after starting treatment if hyperthermia was added to their chemotherapy treatment. <g>

As previously mentioned, the stock has a good amount of resistance above $3 and it seems prudent to wait for t to close above the $3 level.<g>

bigcharts.marketwatch.com

Bernard
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