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


To: Jibacoa who wrote (1169)6/30/2005 12:25:02 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
CGPI Is trying to test its January Hs.<g>

The stock has continued the uptrend that started on Monday and has already closed the downgap of January 20 It is up more than 10% for the day.The volume has increased significantly this week on the stock's up-move

bigcharts.marketwatch.com

On a close above its Jan-Dec Hs it seems it could get to the $9-$10 level.<g>

bigcharts.marketwatch.com

As previously mentioned, CGPI has no no significant LTD and about $2.50 in cash/share. The stock has had a good move from its $3.76 loew last month.<g>

Message 21457479

Bernard



To: Jibacoa who wrote (1169)7/11/2005 11:33:49 AM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
ABRX Opened with another downgap today and is trying to find support at the $1.72 level.The volume is now over 4M and the stock is down 40%.<g>

After it received a list from the FDA concerning its products recall, it said that it is evaluating several "strategic options," including a possible bankruptcy filing.

bigcharts.marketwatch.com

The BV reportedly was around $5.<g>

In March some institutions had a few millions invested in ABRX, including T.Rowe Price with 1,465,600 shares; Wellington Management 988,000 shrs; Schroder Investment 956,900 shrs; Lazard 955,513 shrs <g>

It seems it merits to keep a close watch to see if it can close some of the recent gap.<g> I doubt it will bounce back to its BV level in the near future.

Bernard