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


To: Jibacoa who wrote (444)12/17/2003 10:42:47 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
SQNM Has been among the most % gainers today although the gain has been only 9.35% <g>

It announced today that it has formed a partnership with PG to develop drugs for osteoporosis,which could be worth up to $30M.<g>

The stock opened on an upgap on a volume of 41,390 during the first minute of regular trading, but that gap was closed on the second minute (and an intraday double top was formed <g>)on a volume of just 19,900.

The stock needs to close above 3.70 before it can try to test the initial resistance (the H of Nov.18) at 3.95 and then the Sep.17 H at 4.19

The important "target" for the stock seems to be the March 2002 H at 7.66 Its Dec.2001 H of 11.44 and the Jun.2001 H at 18.70 seem out of reach in the visible horizon.<g>

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Bernard