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Re: DewDiligence post# 88468

Monday, 01/04/2010 6:25:24 PM

Monday, January 04, 2010 6:25:24 PM

Post# of 257253
Dew, Thanks. I see Bioform just got bought by Merz today, so you're on a roll already. Nice call :o) I had been following Bioform since seeing it on your favorites list a while back.

BTW, I know you aren't into TA/technical analysis, but Momenta is currently trying to break out of a bullish ascending triangle formation. If it can test/hold and move up from the 12-12.50 area, the intermediate upside looks to be in the 18.50 range, based on TA that is. Of course in bio the fundamentals will ultimately prevail.


My current favorite (for Q1-2010) is AP Pharma (APPA), with a PDUFA date in mid-March. The pre-PDUFA runup has started, and it looks like an excellent chance for approval (505 b-2). Still largely under the radar, but starting to heat up.










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