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


To: Mike McFarland who wrote (2368)6/8/2009 3:33:47 PM
From: Jibacoa  Respond to of 3722
 
ARNA is up 22.84% with volume now > 13,512,300 which is >4x its ADV. <g>

The stock has now fully closed its March 30 DG

bigcharts.marketwatch.com

ARNA is responding to the poster yesterday at the American Diabetes Association's 69th Scientific Sessions in New Orleans. <g>

finance.yahoo.com

It is also been helped by the fact that it was able to trim some its loss on the 1stQ on 2% better revenues. The EL for 2009 is around $1.70 vs. the $3.24 loss in 2008 and for 2010 a further trim of its loss to $1/shr is expected.<g>

The next resistance is now the March 12 H at $5.57 before it can test the Feb 12 H at $7.42 <g>

bigcharts.marketwatch.com

The more important resistance at the $10 level seems too far away at present.<g>

bigcharts.marketwatch.com

Bernard




To: Mike McFarland who wrote (2368)5/12/2010 11:19:52 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
EXEL was up 12.57% and is still up 10.69% at present with volume of >1.41M already close to its ADDV
The stock opened with an UG but could not go over the resistance at the $6 level.<g>

bigcharts.marketwatch.com

EXEL reported its 1stQ results yesterday and ha a CC after the market closed.

Revenues were 67% better, $42.2 vs.$25.3M and the loss was cut some from $0.34 to $0.29 <g>

The increase increase in revenue was primarily due to revenue from XL147, XL765 and discovery PI3K collaborations with SNY also with DNA on XL518 relating to a $7M milestone payment in the Q.

Cash and cash equivalents, marketable securities, long-term investments and restricted cash and investments totaled $168.5M at Mar31 vs. $221M in Dec31.

They started a PIb/2 for XL147 in breast Ca and a PII for XL147 in endometrial Ca.

They plan to make 12 presentations on their compounds at ASCO, which will highlight the potential of XL184 in medullary thyroid cancer, glioblastoma, and several additional tumor types. <g>

The stock needs to get off from the DT coming from the Dec24 H at the $8 level before it can test the more important resistance at $12.77 from its Jun2007 H <g>

bigcharts.marketwatch.com

Bernard