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


To: Jibacoa who wrote (3038)7/19/2010 10:37:10 AM
From: Jibacoa  Respond to of 3722
 
CYPB is up 32% after opening with a good UG.<g>

Volume is >7x its ADV

The stock is still trading below the resistance at the $4 level.<g>

bigcharts.marketwatch.com

Ramius has offered to buy the rest of the stock it doesn't own at $4. It currently owns close to 10% of the stock.

CYPB has been trimming its losses in the last 2Qs.
The EL for 2010 & 2011 are around $0.50 & $0.05 vs. the $0.71 loss in 2009.
CYPB has NLTD and about $3.50 in sash/shr.

The ACTAY is $6.25
That seems doable and the R/R isn't bad at present levels.<g>

bigcharts.marketwatch.com

Bernard