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


To: Jibacoa who wrote (2486)8/13/2009 12:55:26 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
ANX is up 21.87% on volume already above 16,947,400 > 4x its ADV.

The stock opened with an UG but is still trading below its Jun11 H of $0.25 <g>

bigcharts.marketwatch.com

It reported yesterday its 2ndQ results and said that they believe that they have the capital to complete and submit an NDA for their ANX-530 to the FDA later this year.<g>

The loss for the 2ndQ was $3.8M ($0.04/shr) vs.$6.4M ($0.07/shr)in 2008. R&D expenses were $1.5M vs.$4.5M in 2008.

The 'analyst consensus at Yahoo' (ACAY) is around $1.20 and it seems that with its lower burn rate, negligible LTD and some good news, the stock could get to close some of its Oct 2007 DG above the $1 level.<g>

bigcharts.marketwatch.com

Bernard