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


To: Jibacoa who wrote (2307)3/25/2008 11:36:25 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
XOMA is up 10.32% on volume of 831,318 still below its ADV.

It seems to have support at the $2.50 level & is been helped by the second recommendation this month & the presentation at the Cowen Conference in Boston last week.

bigcharts.marketwatch.com

The stock needs to close above the Jan 11 H of $3.11 before it can get off from the DT coming from its Dec 6 at $4.02 & the Oct 11 H at $4.39

bigcharts.marketwatch.com

The stock has a large LTD & trades at a high multiple of its BV. The EL for 2008 is around $0.25/shr, which is > double its 2007 loss of $0.10/shr.For 2009 another loss around $0.15/shr is still expected.

The short ratio came down some in the last month, but is still around 8x its ADV

XOMA's Jun 20001 H was $17.75

bigcharts.marketwatch.com

Bernard