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


To: JMarcus who wrote (1525)1/26/2006 5:01:13 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Hi Marc,

GERN Has been on a nearterm downtrend coming from its Dec.9-Dec.12 doubletop at the 9.90 level.

Today's volume of 1,38,600 is the only one above the 1M level since Dec.16

Although it reported significant improvement on revenues on the 2ndQ (4.37M vs. 0.7M) and the loss was cut to $0.06/shr vs. $0.20/shr, the 3rdQ results weren't that good since the revenues dipped sequentially to $0.67M (albeit there were still better than the $0.10M in 2004 <g>) and the loss wasn't changed much ($0.21/shr vs.$0.23/shr)

If the results for the 4thQ come out as expected (better revenues and the loss at least $0.07/shr less than in 2004)then it seems that the stock has a good chance of bouncing back from present levels or after testing the 7.20

bigcharts.marketwatch.com

RAGL

Bernard



To: JMarcus who wrote (1525)10/17/2006 3:03:07 PM
From: Jibacoa  Respond to of 3722
 
Marc,

Re: Your question about the IBB, which was placed today on an old inactive thread.<g>

It is now off the downtrend coming from its March 3 H of 85.70 & its recent near-term trend started on October 4 from the 73 level.

The intraday support stands at 77 & it just traded at 78.13 (while I was typing.<g>) That is above yesterday H of 77.95

It seems that is a good performance, especially taking into account today's unfavorable general market.

The nearest resistance is at the April 21 H of 79.37

bigcharts.marketwatch.com

Bernard