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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (296)2/19/2003 10:54:47 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
ABGX Going up for a third day on a roll after making a 52wks L last Thursday at 4.52<g>

The up-move continues today in spite of the announcement that it halted a trial of its ABX-CBL, that was co-developing with SANG,because it showed no advantage over PHA's Atgam in treating GVHD.

The stock had been trading around 0.7 of book and institutions that hold close to 110% of the float had reportedly been doing some buying in spite of slight insiders selling.<g>

The earnings report and C.C, is scheduled for tomorrow.Today's volume remains relatively low. The analysts' consensus one yr. target for ABGX is around $13(That is above its Nov. H <g>)

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Bernard