CUV 1.85% $13.28 clinuvel pharmaceuticals limited

ept downward spiral - not... Not enough liquidity or great...

  1. 1,363 Posts.
    ept downward spiral - not... Not enough liquidity or great knowledge of eptnf in U.S. to worry about it. Code EPT is the leader and the only chart that interests me with Epitan. Having said that, the 20 mil or so shares bought ( in April) by Bank of N.Y for level 1 ADR in US will certainly bring Epitan to the attention of US investors. I am certain that listing will be preceded by a strong marketing campain, oh, and B.N.Y. will want to make a profit on thier investment too!!
    EPT has good support at $0.80 and will only be broken by profit takers in the new financial year. I don't believe there will be too many dong so given the amount of positive news due on the horizon. If it does fall below $0.80 I for one will be topping up as this would put EPT in an oversold position.

    Here's the chart again, no sign of weakness yet


    cheers, stainless

    src="C:\Documents and Settings\Administrator\My Documents\My Pictures\ept1..gif">
 
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