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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.76-2.1%Dec 30 4:00 PM EST

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To: Jibacoa who wrote (2651)4/26/2010 12:57:51 PM
From: Jibacoa  Read Replies (2) of 3722
 
BCRX is holding above the support at the $7.25 level, while waiting for the report of its 1stQ results on Wednesday.<g>

The 4thQ results came out much better than expected.<g>
Revenues were up 60% and earnings 35% compared to the 2008 4thQ and in spite of the poor showing in the 3rdQ <g>

On Apr5 Thomson Reuters downgraded it from buy to hold.<g>

At its coming annual meeting in May, BCRX expects to increase by another 1.3M the number of shrs outstanding.<g>

The ACTAY is $9.88
It seems that with some good news the stock could get to the $10 level.<g>

bigcharts.marketwatch.com

Bernard
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