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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1205)8/13/2009 11:10:40 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
TPI traded for a while above $4 after it opened with an UG.<g>

The stock is still up 14.37% on volume already above 833,200 more than 5x its ADV.

bigcharts.marketwatch.com

It announced today that the SFDA approved it to produce Sanqi Tablets and Yinqiao Jiedu Tablets.

Sanqi Tablets are a generic TCM for injuries, stopping bleeding,alleviating pain and reducing swelling. It is also used as a hemostatic for patients with internal bleeding. The estimated annual sales are approximately $73.5M

Yinqiao Jiedu Tablets are a generic used mainly to treat acute respiratory system ailments, such as influenza and common cold.The estimated annual sales are approximately $1.2 billion in China, and may be even larger on account of the swine flu epidemic.<g>

As TPI is making an ATH, with negligible LTD, +CF, increased TV advertising and the insiders holding >70%, I think that I will better increase my 'target' to the $6 level.<g>

bigcharts.marketwatch.com

Bernard