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re: prediction I agree it will be back to 30c but in '1 week'...

  1. ds
    7,131 Posts.
    re: prediction I agree it will be back to 30c but in '1 week' and 'no time' ????

    Noooo.

    July/Aug will see the breakout of the 12/13c area and a run to high teens or 20c between now and Sept quite likely. Maybe a trickle back to support then at 13/14c and a push into the 20's during Q4 (with a remote possibility of touching 30c this year). H1 next year should see something between 30-50c print if about half the things they are working on progress. After that anything could happen - by H2 next year they will be through a few milestones and Arthron probably won't exist. BioMira will be starting the Phase III trial and on sold European rights to Merck. Antibody will be a bauzz word at Medarex and Other trials will be on their way. The biotech bull run will be coming to an end and I will be rolling into another sector.

    Back to this week.

    "Tell him he's dreamin"

    I'd agree with statements like best entry point you are likely to see in PRR this week and next week as the last of the tax loss sellers get out but that's about it.
 
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