ljpc [la jolla pharmaceutical] info: rtq:1.08 50% institutionally held. 52 week high: $4.50 chart: http://stockcharts.com/gallery?LJPC [has been consolidating nicely on heavy volume between 1.07-1.14 , the float has been turned over. Over 3mm shares short Float:60mm out with half held institutionally no insider sells for the past 3 months Last news headline reads:"La Jolla Says FDA Indicates Riquent Is Approvable >LJPC " No resistance until 1.72. Do your dd, but i see a nice hard bounce coming off of this area of 1.08-1.14 back upto 1.70.
Posted by jimmy on :