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


To: Jibacoa who wrote (2316)4/1/2008 12:13:58 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
MITI Is up 13.71% on low volume of 12,122 about 1/4 its ADV

The stock needs to close above its March27-March28 double top at the $2.12 level before it can try to test the Jan22 spike at $2.42

bigcharts.marketwatch.com

On Jan22 was when it announced the publication of a preclinical study in Cancer Research demonstrating that efficacious doses of a BiTE antibody targeting epithelial cell adhesion molecule EpCAM or CD326 were well tolerated in two mouse cancer models.(BiTE antibodies join cytotoxic T cells with cancer cells.)

The stock trades around 2.85xBV with negativeCF around $0.45; the insiders reportedly hold >30% with the float around 20M & the short ratio around 8x its ADV

MITI has been trimming its loss in the last 3Qs in spite of lower revenues in the last Q.

The March 2004 H was $40.05

bigcharts.marketwatch.com

Bernard