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Alias Born | 03/12/2009 |
Thursday, January 20, 2011 4:41:25 PM
Biosimilar drugs and biogenerics is the future industry and the way they bagged the spectrun contract speaks thats just the begining,what will happen if tey announce 2-3 more contracts thsi will be past .50
Most of you might have not seen the history of trading of this stock if you 4 years back this stock was active at $ 1.50 with almost solid volume each day so i feel those guys who had bought at that levels may not sell below .50
Now since they have been always mentioning of some acquisitions i feel some thing big is cooking up,and we all know how these biotech companies run.
So my personel feeling whether news or not this will consolidate at .10 levels for some time and if they update any info on financials,or new filings and further acquisitions just on that PR will fly past .50 as i have said there are not much shares in the market i was in at .12 3 weeks back and i am not bothered by these ups and downs holding for 2 years period hopefully ANOTHER VERMILLION
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