Tamir Biotechnology Inc. (ACEL)

[igotbigbulls]

skyyy...what I'm seeing with ACEL is the last of the sellers getting out of the way. As I previously stated it was clear that the selling was drying up. If this continues, the short squeeze will begin coming into play and we'll see a steady climb to $3.

What makes this so exciting, IMO, is that it appears that this upward trend is now perfectly timed for the upcoming huge phase III news. My only previous concern was that the imminent huge news would hit before the stock got traction and the bounce on the news would have been somewhere between $2.90 and $3.50. This was prior to learning from the board's CC on Friday that there have only been an additional two "evaluable events" since the late January update of 311. (Which is also a great indication that patients using ONCONASE are living much longer)

I thought they would have hit the magic 316 by now and that the news would have come out thus giving us a move to a high of $3.50. It now has time to build. This breakout combined with a delay in the huge news and fueled by the short squeeze easily puts ACEL over $4, IMO, on the announcement that the company is proceeding with the NDA. I don't think this is the least bit overly optimistic...I wouldn't be surprised to see $4.50 maybe it touches $5. Sorry for the long response, but you asked.....