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


To: Jibacoa who wrote (2827)5/12/2010 4:11:07 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
RGDX is up for 3d day on a roll, but although trading near its intraday H, it is still below yesterday's H

It was up 14.4% and is still up 13.60% at present. Volume of 87Ks is above its ADV but below the 382Ks traded yesterday.<g>

bigcharts.marketwatch.com

This is the 3d spike on RGDX since March.

bigcharts.marketwatch.com

RGDX is scheduled to report its 1stQ results tomorrow after the market close.
The 4thQ results showed a 134% improvement on revenues (revenues were up on a sequential basis and vs. 2008 in the last 3Qs)
The loss was also trimmed in the last 3Qs.
A further cut on the losses is expected in 2010 & 2011 to $0.40 & $0.30 from the $0.69 of last Yr.

The ACTAY is $4.25 which seems doable but there is considerable resistance at the $4 level.<g>

bigcharts.marketwatch.com

Bernard