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


To: Jibacoa who wrote (2201)1/29/2008 11:58:58 AM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
LMRA opened with an UG, was up 34.06% at its intraday H & still is up 28.8% at present on volume > 1M, almost 10x its ADV.

bigcharts.marketwatch.com

But today's spike wasn't related to any news from its biotech subsidiary, Plexera.

It announced that it has received a purchase order from LMT for its high electro-optic activity materials.

As previously mentioned, the stock is starting to get off from the DT coming from its Oct15 H of $4.74 & is dealing today with the initial resistance at the $3 level. (It has traded as H as $3.07)

I will continue to keep my target at $5 for 2008.<g>

bigcharts.marketwatch.com

Bernard