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

To: Jibacoa who wrote (2935)	6/15/2010 1:27:55 PM
From: Jibacoa	Respond to of 3722

BSTC was up 10.62% and is still up 7.24% on low volume of 12,300 about 0.75x its ADV bigcharts.marketwatch.com The stock is trying to get off from its near term DT coming from its April H at $32.35 bigcharts.marketwatch.com The ACTAY is $60 <g> That appears to be unreasonable at first sight, since BSTC has reported losses in the last 2Qs. It is expected to report on the black around $0.06 vs. loss of $0.32 last Yr. It helps that the insiders hold a good % of the stock and that BSTC has no significant LTD and small +CF.<g> It announced earlier this month that it planed to repurchase around $2M worth of its stock. Although the stock has had an unbelievable performance in the last 3 Yrs. and seems to have support at the $20 level, it seems better to look at further developments from the sidelines.<g> bigcharts.marketwatch.com Bernard