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


To: Jibacoa who wrote (2598)9/22/2009 1:39:52 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
GENE wants to start an up-move from the $1.40 level. The stock is still up 26.06% on low volume, but > 5x its ADV.<g>

It has resistance at the Hs of its previous spikes in Aug & July ($1.93 & $1.99 respectively )

bigcharts.marketwatch.com

GENE has 4Qs of lower revenues and higher losses, but doesn't has significant LTD and trades around 0.9xBV. The insiders hold >45% and it has +CF

The H at the time of its April 27 spike was $4.99, below its Oct 2007 H of $5.21

Although the float is > 6.3M the stock can make large moves on low volume.<g>

bigcharts.marketwatch.com

Bernard