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


To: Jibacoa who wrote (1846)2/22/2008 2:49:07 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
COR is up 12.% on volume of 125,850 still < its ADV,with no news that I am aware.

bigcharts.marketwatch.com

The insiders did some buying in Nov, Dec & Jan & the stock seems to have found support at the $0.44 level.

On Oct 11 was when the stock price was cut in > half after it reported that the FDA had rejected its request to run a PII for its CX717 due to toxicity concerns.

COR had sought to test the CX717 for the treatment of attention deficit hyperactivity disorder & said that it still had plans to continue developing CX717 for other disorders, including respiratory depression and AD.<g>

It seems that the stock wants to get back to the $1 level. If it could close some of its Oct 11 DG it would be a good gain from present levels.<g>

bigcharts.marketwatch.com

Bernard