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


To: Brasco One who wrote (3137)3/3/2011 5:15:18 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Dusa,
Yes, although I don't like the UG, it had a nice move on good volume.

The news were also good. <g>

For the first time in its history, it reached profitability on both a GAAP and non-GAAP basis; and generated $2.7M positive CF in the 4th Q.

Net income was $2.9M for the 4thQ and $2.7M for the Yr.
That was an improvements of $2.5M and $5.2M, respectively.

There has been some profit taking AHs.
Will see if it can hold above $4 <g>

bigcharts.marketwatch.com

There is a good amount of resistance at the $5 level, but with further good news it could get to test the $10 lev el.<g>

Bernard