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Biotech / Medical : Avian ("Bird") Flu Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Rascal who wrote (327)1/24/2006 11:25:20 AM
From: Hawkmoon  Respond to of 428
 
Basically followed it due to their oral diabetes drug since PFE just paid some big bucks for a rival inhaled diabetes drug (GNBT is strictly mouth.. "Buccal").

But I had also read that one of their subsidiaries, Antigen, was working on a drug that would enhance the effectiveness of Avian Flu virus drugs. And since their drug is able to be manufactured synthetically, it would be able to be mass-produced.

So.. no real special insight.. Just TechAnal and watching the volume and news.

It's in consolidation now after yesterday's big move. But I hope were short-term oversold at 1.10 and ready for a move back up. That's a 3/4 retracement from yesterday's high so the Fibonacci whatchamacallit appears to indicate support.

We'll see. It's definitely a stock to watch, considering the major volatility and percentage gains that have occurred.

Hawk