Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jibacoa who wrote (2645)	12/17/2010 12:30:16 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

BASI was up 77.22% and still is up 39.44% on volume of 149Ks about 25x its ADV.<g> The stock started its up-move on Dec5 and is now up for 4 days on a roll without closing yesterday's UG. <g> bigcharts.marketwatch.com Of course, as previously mentioned, BASI was having +CF and +FCF in spite of its large LTD and small cash position, it was trading below BV.<g> I am not aware of what has been triggering the up-move or today's spike. There were some changes in the administration earlier this month and the company announced that it was expanding its global business development efforts. There is no ACTAY The stock is trading above the resistance at the $2 level.<g> It eems that with some good news it could get to test the $4<g> bigcharts.marketwatch.com Bernard