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Biotech / Medical : Oncothyreon -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1657)4/26/2001 2:50:42 PM
From: John Curtis  Read Replies (1) | Respond to of 2344
 
My bet is BIOM will pull back, although L2 is giving indications that it should close above $7. How so? Well, on the buy side ECN's REDI and ARCA have buy bids in at $7.09 (1K shares) and $7.06 (1.5K) respectively, along with NFSC who's got a 3K bid in at $7.06 and MASH who's got a 5K bid at $7. And on the sell side resistance stiffens at $7.23.

I guess what I'm trying to say is L2 seems to be saying support for BIOM, at least for now, is in the ~$7.05 range. So all else being equal, I wouldn't be surprised to see it close right about at that point.

Let's see how it goes....

John~