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


To: Jibacoa who wrote (2063)1/16/2008 1:22:45 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
INGN still hasn't given any information about its Advexin EMEA, BLA or MAA, but the stock has been up 9.23% & still is up 7.21% with volume now > 100Ks, approaching its ADV.

bigcharts.marketwatch.com

The stock needs to close above $2.90 in order to test the resistance from the $3.10 to the $3.25 level.

In spite that it came down 27% in the last month, the short ratio is still around 40x the ADV.<g>

If INGN can come out with some positive news, there will probable be a good amount of short covering.<g>

bigcharts.marketwatch.com

Bernard