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


To: Mike McFarland who wrote (1358)8/10/2005 2:36:49 PM
From: Jibacoa  Respond to of 3722
 
CURE, Yes it is very risky to stay long at the time of revenue & earnings reports>.<G>

CURE's 2ndQ results were not good.<g>

Although the revenues were $71.6M up 11% from the $64.4M last year,the loss increased to $0.37/shr share, and its "ratings" were cut by SS and S&P <g>

The stock dropped through the "support" from its Hs of May, June & July at the 2.70 level but it is still holding above its June 27 L of 1.82 and its April 27 L of 1.37 <g> (Will see if it can stay above its intraday L of 2.38)

The stock is going to need some time building a base before trying to close today's downgap above the 2.62 level.<g>

bigcharts.marketwatch.com

Bernard