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

To: Jibacoa who wrote (2587)	9/15/2009 9:36:14 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

TGX was able to make a new H for 2009 as it closed above the resistance at the $1.50 level. The next resistance seems now to be the Dec 2008 H at $2.25 The stock was up 25.85% and volume was > 2x its ADV, but below the volume on Jun 15, the day of its previous spike. bigcharts.marketwatch.com TGX has 4Qs of lower earnings in spite of better revenues, but it trades around 0.65xBV with negligible LTD, +CF around $0.30 and the short position had increased 100% in the last month, albeit it remained at less than its ADV.<g> It seems that with some good news the stock could get to test the Oct H around $3.10 <g> bigcharts.marketwatch.com Bernard