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

To: Jibacoa who wrote (336)	6/10/2003 7:09:20 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

BPUR Has been able to keep the Up-Trend that started on May 13 from the 3.71 level. The trading volume increased since May 23. (The 4.17M shares traded on May 30 has been the highest in quite some time.) The stock has had a good % gain and is facing overhead resistance from the double top at the 6.77 level (June 6 & June 9) (The H on May 28 was 6.75 ) On a close above 6.80 the stock should be able to test the August H at 8.30 and I wouldn't be surprised if gets to test its March 2002 H at 13.26 (That would be another good % gain from present levels.)<g> In spite of its somewhat dire cash/share, the insiders and institutions reportedly have been buying lately. (The insiders hold around 33%.Institutions close to 60% of the float and there is a good short position of 4.6M or 22% of the float.<g>) siliconinvestor.com siliconinvestor.com Bernard