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


To: Jibacoa who wrote (3012)7/26/2010 12:07:34 PM
From: Jibacoa  Respond to of 3722
 
AVNR is still up 3.03% on volume almost half its ADV

bigcharts.marketwatch.com

AVNR had some positive comments in Seeking Alpha and the Motley Fool.<g>

Its SPA with the FDA has an emphasis on safety and tolerability to go along with the efficacy data that was clearly demonstrated in the recent STAR trial.

The stock is up for 3rd day on a roll.
It now faces resistance at the $3.50 level before it can test its July 12 H at $3.73 <g>

bigcharts.marketwatch.com

AVNR has NLTD, the insiders reportedly hold > 15% of the shrs, but have been persistent sellers lately.

However, it seems that with the results of Zenvia on the STAR trial, the drug has a good chance to get an OK from the FDA in October.

The ACTAY has been increased to $8.38
On a close above its July 2009 of $4.06 the stock has further room to run.<g>

On that basis the R/R doesn't look bad.<g>

bigcharts.marketwatch.com

Bernard