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

BIB 77.91

+1.5%

Nov 18 4:00 PM EST

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To: Jibacoa who wrote (2496)	4/6/2010 10:15:34 AM
From: Jibacoa	Read Replies (1) of 3722

AVNR is up up 5.65% as it tries to deal with the March 29 H at $2.72 <g> Volume is more than half its ADV. bigcharts.marketwatch.com It announced today that it will present three scientific posters featuring details of Zenvia's safety and efficacy data from the PIII STAR at the American Academy of Neurology Annual Meeting in Toronto, April 10 – 17, 2010. The first poster will be presented a week from today.<g> The spike in August last year to $4.09 was when it reported positive results of the PIII STAR for Zenvia in patients with pseudobulbar affect. bigcharts.marketwatch.com AVNR was able to trim its loss a little on the 1stQ in spite of lower revenues, but the loss for 2010 is still expected around $0.30 vs. $0,28 last Yr. However, the EE for 2011 are around $0.20 on the black column.AVNR has no significant LTD but has been burning its cash at a good clip.<g> The short ratio came down some in the last month, but is still around 6x its ADV,<g> The ACTAY is $8.90 and it seems that with some good news the stock could spike to $5, but I think I will still keep my present target at just $4.<g> bigcharts.marketwatch.com Bernard

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