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


To: Jibacoa who wrote (2880)6/2/2010 4:52:48 PM
From: Jibacoa1 Recommendation  Respond to of 3722
 
DARAD was up 14.44% at its intraday H at 1:50pm but it closed up only 12.53% and it isn't doing well AHs.<g>

The stock seems to have found support at the $3.60 level and was able to close above $4 during the regular session.

bigcharts.marketwatch.com

DARAD has been trimming its losses in the last 4Qs and the EL for 2010 is around $0,60 vs. a loss of $2.98 in 2008 and $6.72 in 2008
For 2011 expectations are for it to report on the black around $0.05 <g>

It announced yesterday that on May 28 it had received a notice from the NAZ that it was back in compliance with the requirements for continued listing.<g>

DARAD has two drug candidates in development,including KRN5500, which completed a PIIa for the treatment of neuropathic pain in patients with cancer and DB959 for the treatment of metabolic diseases, including type 2 D.M.

The ACTAY is $14
DARAD has been burning cash for many years.<g>
I will just keep a target of $6 for a possible 50^ gain from present levels.
But DARAD seems to have plenty of room to run upstairs .<G>

bigcharts.marketwatch.com

Bernard