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Re: v70r post# 22276

Thursday, 04/07/2011 9:30:12 PM

Thursday, April 07, 2011 9:30:12 PM

Post# of 129051
Your first question......07 support will hold for awhile without news we might even move up without news if people stop whacking. But amng is running up so people might sell here go there than come back later. But our main support ran away to .06. So we could be at this level for quite awhile. If we go back near .08 our double bottom at .07 might reform than we will bounce between there and .08 without news. Hope we go up either way. People just saw great news/ whatever you want to consider it and they see us down. A logical person sees the company diluting or something scares them off don't understand that it was just some bored fat old guy.
FDA approval....my guess is as good as yours I've played Amex bio-techs for about 6 years most usually get bought put once a big company sees they have something good.

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