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


To: zeta1961 who wrote (1556)2/9/2006 12:35:39 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Elisabeth & Tuck:

So far everything remains under control.<g>

I just went to Miami today to take care of some errands.Ray spends most of his time at the YEEHAW thread & he seldom posts around here.<g>

GTCB Had a double top at the 2.31 level (Feb.1-Feb.6) & yesterday's H of 2.27 remained below that level.

bigcharts.marketwatch.com

Today there were some downticks in the morning around 11.39 & then in the afternoon around 1.10PM the volume picked up to the downside with no apparent news to account for it.

Th company came out with a statement that they didn't know the reason for the pick up on volume or the reason for the drop.

Later around 2.55PM there were som good upticks & the stock was able to recuperate some from its earlier loss,& although it was able to trade at 1.84 on a good uptick of 173,826 at 3.33PM (from 1.64 to 1.84) still the stock was not able to close above its resistance at 1.80 and closed at 1.66 although it did somewhat better AHs where it closed at 1.75

The nearest resistance as mentioned stands now at 1.80 and then at the H yesterday of 2.27 before it can retest the double top level at 2.31

bigcharts.marketwatch.com

The 3rd Q revenues were 28% better (1.2M vs. 0.92M) & the loss was cut to $0.14 vs. 0.18 but the pending 4th Q results aren't expected to look good by comparison (in 2004 revenues were 3.2M which was an 83% improvement from the 1.8M in 2003 & it doesn't seem it will match that this year.<g>)

RAGL

Bernard