SI
SI
discoversearch

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 (2654)1/7/2010 1:17:18 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
RXII is up 11% with volume now close to 90Ks > 1/2 its ADV.

bigcharts.marketwatch.com

The move is apparently in anticipation of RXII presentation scheduled for Tuesday in Frisco at the Biotech Showcase Conference.<g>

YHOO's "analysts consensus" have RXII as "buy" with a "target" of $15, but Thomson-Reuters has it as a "sell" based on its "metrics".<g>

The stock isn't off from the longer term DT coming from the March 2008 H at $23.95

bigcharts.marketwatch.com

RXII has strong research on RNAi, including potential treatments for inflammatory and metabolic diseases, such as obesity and obesity-related type 2 diabetes. Also on ALS.

It was able to trim some its loss on the 3rdQ but the loss for the Yr is still expected around $1.12 vs. $1.09 in 2008 For 2010 the loss is expected around $0.95
RXII has negligent LTD but has been burning its cash at a good clip.<g>

Bernard



To: Jibacoa who wrote (2654)1/14/2010 2:08:58 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
AFFX started the Yr. with a little upside move, but found resistance above the $7 level.<g>

It had a DG yesterday with volume of 5,766,200 about 4X its ADV after "downgrades"from Barclays and others.

bigcharts.marketwatch.com

Today is trying to hold above yesterday's L of $5.40 and is up 7% at present, trading at $5.96 it intraday H albeit there were some downticks as I typed that that brought it down to $5.89 so is up only.....Wait, I better check the action a little closer, since it is trying to move up again.<g>

Will see if it can close above $6 today.<g>

bigcharts.marketwatch.com

Bernard