through my experienced this one bounce back ,before it move up again. Any bio stocks, one day jump up to much without news ,it'll drop back on the nextday.Anyway ,thank for good tip i'll watching it.
Inovio Biomedical Corp (AMEX:INO) Inovio Biomedical Corporation (Inovio) is a San Diego-based biomedical company focused on the development of vaccines to prevent or treat cancers and chronic infectious diseases.
This company is a promising company like other biomedical company which come to the news with surprise. However people like me always got it late. Today the developer of DNA vaccines said animal studies showed its experimental H1N1 vaccine provided 100% protection against the current strain of the virus. The vaccine was tested on laboratory mice and pigs.
Last month, the World Health Organization classified the virus as a Phase 6 threat, stating that it is easily contagious and can easily spread from one person to another. Meanwhile, nearly 100,000 cases of the virus have been confirmed in over 70 different countries. In the U.S. alone, it is estimated that more than one million people are affected by the virus in the summer months
I guess now you understand why this one gain 329% in a day along. My question is: trading at 3.18 with a 329% gain do you still consider to buy this stock tomorrow? What is your opinion about this share????
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Last edited by arif940; 07-29-2009 at 10:54 PM.
through my experienced this one bounce back ,before it move up again. Any bio stocks, one day jump up to much without news ,it'll drop back on the nextday.Anyway ,thank for good tip i'll watching it.
I'm watching it too. I think this will go up again. The price dip is due to their $30M stock offering. As seen with other stocks, this causes a drop, and then the shares recover again to higher levels.
Stock has some down to 2.00..Advicable to wait for some more time...
I wonder why anyone will still want to buy the new shares for a much higher price than the current market price. Is the current market price a good entry point for this stock?
I got stuck in this stock and it seems the price will fall from now...
Despite the good article at globenewswire.com
Have anyone any suggestions?
What can we expect from INO in the nearest future?
Any good news, approval or earnings release, able to lift this stock again?
Is it a potential blockbuster company? It has short term potential in swine flu and long term potential in cancer.
What will this latest news Inovio Biomedical Therapeutic Cervical Cancer Vaccine Demonstrates Safety and Immunogenicity in Clinical Trial - Yahoo! Finance do to INO stock price?
Does it mean VGX-3100 has completed phase 1 and can start phase 2 soon?