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


To: Jibacoa who wrote (3218)4/24/2015 1:32:24 PM
From: Jibacoa  Respond to of 3722
 
COCP is up 14% on a volume of 1.2Ms, still a little below its ADV.<g>
The stock is up for 3rd day on a roll after founding support at its EMA50 and the $1 level.<g>
The stock has a good performance since the up-move that started on Fe9 from the $0,47 level.<g>
The Insiders including Dr,P.Frost and R.Schinazi, have been persistent buyers.
finance.yahoo.com

I am also long COCP.<g>
Bernard




To: Jibacoa who wrote (3218)4/24/2015 4:41:52 PM
From: mopgcw  Respond to of 3722
 
Thanks Bernard.

I am very long RIGL as well, having avg'd down here and there. strong close on no news that I saw. very interesting to see if something comes of it.

best,
geo



To: Jibacoa who wrote (3218)4/24/2015 6:36:23 PM
From: Biotech Jim  Read Replies (2) | Respond to of 3722
 
I told my brother this morning that we should be taking RIGL profits in the $6-8 range.

I bought heavily in Jan, and also held significant shares from 1-2 years back. I also bought mucho shares in my Mother's account, now distributed to all her children. The ITP studies in Ph 3 should be positive, and read out in Q1 2016.

Still trying to figure out the reason for the bump after hours yesterday and continuing today. Some fund initiating a position? Or delayed reaction to the BMY collaboration? Here is a quote from that BMS/RIGL PR:

"This collaboration places our TGF beta receptor kinase inhibitor program into the hands of Bristol-Myers Squibb, a premier immuno-oncology company. Together, we believe TGF beta inhibition may offer novel therapeutic opportunities in oncology treatments"

http://news.bms.com/press-release/rd-news/rigel-and-bristol-myers-squibb-announce-research-and-development-collaboration