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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2812)6/30/2010 12:20:19 PM
From: Jibacoa1 Recommendation  Read Replies (1) of 3722
 
RXII was up 8.51% and is still up 6.67% on volume about 1/4 its ADV

The stock opened with a small UG that has not been yet closed.<g>

bigcharts.marketwatch.com

At the Jefferies 2010 Global Life Sciences Conference earlier this month, RXII commented on its new focused RNAi therapeutic strategy.
It said that its therapeutic platform has the potential to be broadly applicable to multiple therapeutic areas.<g>

I already mentioned some of RXII claims about its effective delivery of its sd-rxRNA to retinal cells in the mouse eye in my note in May.<g>

The stock dropped below its support at the $4 level, which is now a resistance area.<g>

bigcharts.marketwatch.com

The ACTAY is $15
RXII was able to trim some its loss on the 1stQ and the ELs for 2010 & 2011 are around $0.85 & $0.75 vs. $1.24 in 2009

I would put a TT around $5 pending further developments, which wouldn't be a bad % gain from present levels.<g>

bigcharts.marketwatch.com

Bernard

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