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


To: Jibacoa who wrote (315)4/9/2002 11:28:03 PM
From: Jibacoa  Respond to of 544
 
INMX Seems to have found support at the 1.25 level.<g>

It still has to close above 1.40 before testing the resistance at 1.62.<g>

siliconinvestor.com

But with some help it can get back to the 2 level or even test the 2.25 resistance from its Ls in late January.<g>

siliconinvestor.com

IMNX has several interesting points (besides its bioinformatic software for the analysis of genomic, proteomic and other biomolecular data.<g>)

The insiders hold 74% and institutions 39% (149% of the float)and had been buying some lately.

INMX reportedly has $2.50 cash/share and has been selling around 0.4 of book.<g>

The short ratio is around 18% of the float (about 6.5x the average daily volume)<g>

At any rate, it seems that the R/R is favorable at present levels.<g>

Bernard