SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2130)8/28/2009 3:41:17 PM
From: Jibacoa  Respond to of 3722
 
HLCS has continued its present near term UT with some good UGs.<g>

Today the stock has been up 22.58% and is still up 18.75% with volume about 4.,4x its ADV.

bigcharts.marketwatch.com

As previously mentioned, the insiders reportedly hold a good % of the stock and it also has a pretty good institutional following for a stock of this price level.<g>

HLCS has been cutting its losses in the last 3Qs and revenues have been up in triple digits % also in the last 3Qs. It is expected to show again a good % improvement in the coming 3rdQ (Sep), since revenues last Yr wre down 13% and loss in that Q was also higher than in 2007. The EL for the current YR. is around $0.30 vs. the loss of $2.10 in 2008 and $1.78 in 2007

For 2010 it is expected to report on the black around $0.10/shr

Although HLCS has resistance at its Aug11 H of $1.70 and also at the Jan5 H of $1.80, it seems that it should be able to go through those, in view of its significant volume pick up since the last up-move started on Jul21 from the $0.50 level.

The stock has been forming a good base and has further more significant resistance at the $2, $4 and $8 levels, before it can re-test its Jan2008 H at $18.60,which still looks too far away.<g>

bigcharts.marketwatch.com

Bernard