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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 (2716)3/23/2010 2:52:09 PM
From: Jibacoa  Read Replies (1) of 3722
 
ARWR was up 27.88% at its intraday H at 10:09 AM, but is up only 2% at present.<g>

Todays H was higher than yesterday and the stock is far from trying to close yesterday's initial UG.<g>

bigcharts.marketwatch.com

I didn't listen to the CC today. But as they say, it is usually better to buy on the rumor and sell on the news.<g>

The stock is expected to make a base above the $1 level. The executives had mentioned back late last Yr. that they didn't thought a RS was going to be necessary in order to keep in compliance with the NAZ listing rules, although they already had shareholders approval, just in case.<g>

The Volume yesterday of 25,662,900 was the highest that I can remember, and today's volume, so far, of > 12,840,500 is already > 23x its ADV.<g>

The ACTAY is $9 but I have already taken profits on most of my shrs. however, I am ready to start buying them back on a very short notice, although I will keep my target at only $4 pending further news.<g>

bigcharts.marketwatch.com

Bernard
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