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DonShimoda

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DonShimoda

Re: A deleted message

Thursday, 06/10/2010 3:11:07 PM

Thursday, June 10, 2010 3:11:07 PM

Post# of 80490
John, I don't actively follow SPPI. In general the biotech sector has been under a lot of pressure recently as ASCO news fades and investor concerns about the direction of the overall market play out. I took a quick look at the SPPI technicals and, fwiw, it does appear to be putting in a double bottom with macd about to cross positive so, hopefully, the bleeding will stop soon.

Don

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