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


To: JMarcus who wrote (536)3/4/2004 1:39:39 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Marc:

Re: POTP

Its making a new 52wks. H for its second day on a roll.<g>

Yesterday it was able to close above its Feb.19 H of 6.45 The recent high volume on Feb.27 (637.6K) was to the upside, and a little higher than its previous H volume on Nov.5 (615.4K) that was also to the upside.<g>

The results for the 4thQ and year ended December 31 weren't bad, as it completed a P1 on chemotherapy-induced neutropenia and started a P1/2 Rituxan study on patients with hematologic malignancies,which showed it had some potential as an anti-tumor therapy.

POTP raised $11.2M in a private placement last year.

After its first spike in May last year, the volume has increased to the upside and accelerated since September.

bigcharts.marketwatch.com

If it continues on its present momentum, it seems that the stock has potential to test the $10 level this year.<g>

bigcharts.marketwatch.com

Bernard