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


To: zeta1961 who wrote (1541)2/6/2006 3:54:51 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Elisabeth,

ISRG is on a nearterm downtrend. Its opening downgap of Feb.3 was partially closed that day and today it has recovered some from its earlier L of 98.37 & seems it should close above the $105 level.

bigcharts.marketwatch.com

ISRG Is trying to close its upgap of Oct.26 The upmove since Nov.2 started without closing that gap.<g>

The volume has picked up in the last 3 trading days and today is already higher than the 4,949,818 traded on Oct.26 ( up to 5,970,240 so far <g>)

The stock has had a good move since my previous comments.

Message 21546966

The EE for 2006 are down more than 15% compared with 2005 earnings ($1.50/shr vs. $1.67) albeit for 2007 are expected to bounce up above the $2/shr.At present its PE around 60 remains high.<g>

Will see if the stock can hold around the $90 level or wether it will completely close its Oct.26 upgap and come down to the mid seventies. (I think it won't close its other upgap of Jul.27 which was the day of my previous comment.)

bigcharts.marketwatch.com

And of course, it is way out of my buying range.<g>

RAGL

Bernard