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


To: Jibacoa who wrote (1734)11/5/2007 11:27:59 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
ENMD's spike on Oct 25 was apparently due to its presentation in Frisco of the results of its cell cycle inhibitor, MKC-1, in preclinical RCC models.

Today's spike is apparently related to the presentation tomorrow by J.B., its CEO at the R&R Healthcare Conference in N.Y. <g>

The stock has been up today 24% & is still up 21%, trading above its Oct25-Oct26 double top at the $1.60 level

bigcharts.marketwatch.com

The stock still has a good amount of resistance at the $1.75 level

bigcharts.marketwatch.com

It needs to close above $2 in order to get off from the DT coming from its March 2005 H at $4.80, but it seems that the R/R isn't bad at present levels.<g>

bigcharts.marketwatch.com

Bernard