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


To: Jibacoa who wrote (1853)8/7/2007 12:40:45 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
GTF Is still waiting for FDA clearance for its AutoloGelTM System. <g>

The stock seems to have formed a pretty good base at the $0.75 level & today is up 13%

bigcharts.marketwatch.com

If it could get to re-test its Feb 16 H at $1.69 it would be > 100% gain from present levels.<g>

It listed Thursday its 10-Q in which it comments on the possible FDA approval of its AutoloGel.

biz.yahoo.com

The company doesn't have significant LTD. It trimmed some its loss on the 1stQ. The insiders reportedly hold around 10%. The short position came down 30% in the last month, but it is still around 2.7x its DAV. Although it is always better to buy stocks when they are on an uptrend,for those that like "bottom fishing" it seems that the R/R isn't bad at present levels.

bigcharts.marketwatch.com

Bernard