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


To: Jibacoa who wrote (1684)7/13/2006 1:13:52 PM
From: Jibacoa  Respond to of 3722
 
ANDS Has formed a base at the 3.15 level & seems that it will close some of its June 26 downgap.

bigcharts.marketwatch.com

Apparently the appointment of Dr. Freddo as CMO has been well received.

June 26 was the day when it suspended dosing HCV patients on its P1b of ANA975 pending further evaluation of data from toxicology studies in animals.

They believe that ANA975 "still has potential", & of course, they still have ANA773; ANA380 (which is in PII for HBV); AN 025-1(for HCV); AN 033-1 as well as other products including some that by inhibiting ribosomal function may be used as antibiotics to fight nosocomial infections.

ANDS reportedly has low LTD & more than $3 in csh/shr.

Since the revenues have shown a triple digits % improvement for 4 consecutive Qs & it has been trimming its loss, it seems that the R/R is low at present levels, especially since the stock presently trading at $4.08 is down substantially from its March H at $16.60. (The intraday H at 12.56 was $4.25 <g>)

bigcharts.marketwatch.com

Disclosure: I don't have a position on ANDS at present. (Have considered starting one, but don't like the triple digits drops on the DOW.<g>)

bigcharts.marketwatch.com

Bernard