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


To: Jibacoa who wrote (2107)1/10/2008 5:30:38 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
ARWR wasn't helped by yesterday's presentation at the 10th Annual Needham Growth Stock Conference in N.Y., the stock was down 2.66% with volume above its ADV & the stock has continue to drift down AHs.

bigcharts.marketwatch.com

It seems that the stock is going to retest support at the $3.11 level (the L of Dec18). It has already closed its Dec20 UG.

bigcharts.marketwatch.com

Will see if it reports on its PI of IT-101 this month as I mentioned back in Nov., was expected in January.

Message 24038378

ARWR has persistent losses, but has two consecutive Qs of triple digit improvements on revenues & with some good news & the short ratio of > 16x the ADV, the stock can double this Yr.I will continue to hold a small position, but won't add until we have a better picture on the general market's condition. It seems that not only we aren't going to have the January Effect this Yr., but we won't have the benefit of a Presidential Election either.<g>

bigcharts.marketwatch.com

Bernard