RR,
Not sure offhand as to the timing of the release. Haven't spoken with the company in several weeks now. Nevertheless, looks like the brief drop below was 3 was more biotech and stock related than technical, as it jumped right above 3 again very quickly today with excellent support at 3 all day. Both yesterday and today showed a quick flurry of volume, with today showing some extra price jump, too. Nevertheless this is still all on relatively low volume and smaller retail trading. Of note, yesterday a load of biotechs were down in a fairly big way....if memory serves, imnr, vicl, isip, etc. all had losses like ATIS, and most had good days today, especially imnr. However, the trading of ATIS reminds me of a coil tightening some, at least in terms of support. We shall see.
Hope all is well,
Marshall |
