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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Raj Ramaswamy who wrote (15747)2/27/2006 9:19:02 PM
From: Galirayo  Respond to of 23958
 
>>You must be kidding...biotech with blockbuster drugs on fastrack always have expenses (trials, R&D etc). So forget the 'earnings'..there is none..what would you expect ? !<<

Ill take that as a yes.

Thanks .. I was curious after they tried to ruin the chart AH.

stockcharts.com

The analysts have been over exuberant recently anyway.

Biotech company Nuvelo Inc. of San Carlos, Calif., said its fourth-quarter loss widened by nearly 61 percent, 2 cents more than analysts expected, sending shares down 83 cents, or 4.6 percent, to $17.43 on INET, from Monday's closing price of $18.26 on the Nasdaq.



To: Raj Ramaswamy who wrote (15747)3/25/2006 10:13:17 AM
From: Galirayo  Read Replies (2) | Respond to of 23958
 
[NUVO] I don't want to be the bearer of bad news but I pulled it on a Bear Scan today. It broke the 50dma .. and looks a little like a Saucer .. or H&S ..

It will need to hold this Horizontal Support now. The 200dma is near 11.00.

stockcharts.com

Just a .. Heads Up ...