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Thread: Bvx

  1. #1
    Junior Member nitz is on a distinguished road
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    Default Bvx

    This pharma company looks really promising to me right now. I have bought it at 8.80 and right now trading at 9:30 and the stock is now gaining momentum. Also there are certain FDA approvals pending for this compnay. I am long on this stock.


  2. #2
    Moderator TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude is a name known to all TheStockDude's Avatar
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    BVX started its consolidating base in 1995. In 2003 there was a perfect entry point, however it still continued to consolidate for another 2+ years. If i didnt buy in 2003, I would have definetely bought in 2006.

    It looks like there is an upper resistance level between $9.50-$10.00. There was a decent amount of insider selling right before the most recent rise. I would personally wait until it crossed the $10.00 mark.
    "Wide diversification is only required when investors do not understand what they are doing." - Warren Buffett

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