Happy to run with that baton. I actually mentioned something very similar a few months ago. While I think the fundamental value is around 30-45c (upgrade frm my point of view), I do see the SP running hard over the next 3-5 mths - somewhere appr $1.
The technicals indicate a turn in trend particularly if you are a student of dow theory.
The other thing thats got me excited is the willingness of the mkt to support the SP in the face of certain dilution - ref DGF & AMGN. In biotech you just dont see that, but the mkt has come round to the idea that earnings n bal sheet issues are a thing of the past and dilution is secondary.
You'd want to b in now. It is the right time.
UNS Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
