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


To: Jibacoa who wrote (2180)6/25/2009 12:27:57 PM
From: Jibacoa  Respond to of 3722
 
CYTR was up 25.16% at its intraday H and is still up 14.62% at present. It announced that an experimental animal trial produced statistically significant evidence that its arimoclomol provided protection from the detrimental cognitive and sensorimotor effects of hypoxia.

Data from this trial will be presented in a poster, on July 9 at the 37th Annual International Society on Oxygen Transport to Tissue (ISOTT) Conference, being held in Cleveland, Ohio. <g>

Volume of > 1,851,900 is already 2x its ADV

The stock has been on a near term UT since early May

bigcharts.marketwatch.com

If the stock can close above the resistance at the $1 level, it seems it could have further % gains. <g>

bigcharts.marketwatch.com

CYTR has no significant LTD, but has been burning its cash at a pretty good clip.

Bernard