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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.780.0%Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2778)6/16/2010 12:03:11 PM
From: Jibacoa  Read Replies (1) of 3722
 
ACUR is up 6% on low volume of < 0.1% its ADV.

bigcharts.marketwatch.com

The DG of the stock on April 23 was after a joint Advisory Committee meeting of the FDA questioned the effectiveness of niacin included in the current Acurox formulation but cited no concerns with the snorting and intravenous abuse limiting features of the product.
Now ACUR and KG expect to submit an NDA for Acurox Tablets without niacin in early 2011.<g>

bigcharts.marketwatch.com

The ACTAY remains at $8
The short ratio came down some in the last month and is around 4x its ADV.
It seems that with some good news the stock could double from present levels.<g>

bigcharts.marketwatch.com

Bernard
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