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


To: Jibacoa who wrote (2396)3/22/2010 2:59:41 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
MITI was up 8.74% and is still up 6.72% at present with volume almost 1.5x its ADV

bigcharts.marketwatch.com

Last week it announced that it raised $74.5M at the closing of its last offering, with the underwriters exercising in full their option to purchase an additional 1.5M shares at a price of $7.00 At the previous public offering in Oct2008 it raised $40M with the offer of 9.4M of stocks and warrants at $4.25 per unit.<g>

MITI is approaching the important resistance at the $10 level. Of course, before it can test that it has to deal with the Sep17 H at $8.48 <g>

bigcharts.marketwatch.com

Bernard