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Biotech / Medical : Avalon Pharmaceuticals (AVRX) -- Ignore unavailable to you. Want to Upgrade?


To: mcbio who wrote (7)1/26/2007 9:34:41 AM
From: Paul Chiu  Respond to of 9
 
There was an Edgar filing dated 1/19/2007, probably on the private placement of $10 million.

Tiny stock of 10.12 million shares with 7.82 of it floating.
Short interest only 3178, so not looking for action there.

I know nothing on the Vertex license, so can't help there.

I don't own this stock and from the look of it, not a whole lot of people do. I see less than 2 pages of institutional holders, that's 31 reported on bloomberg. Largest is GIMV NV with 891,607 or 8.8% of float.

Basically, this tells me that if any of the big holders leave, new holders are in dire straits.

Hope this helps you

Paul