Triple Top Breakouts Featuring Market Mover ImClone Systems Inc. (IMCL), article by TwinTrader.com
ImClone Systems Inc., a biopharmaceutical company, engages in the development and commercialization of a portfolio of targeted treatments for the medical needs of patients with cancer in the United States and Canada.
(EMAILWIRE.COM, October 04, 2008 ) DALLAS, Texas - TwinTrader.com announces the publication of Breakout for ImClone Systems Inc. (IMCL), an excerpt highlighting public companies on the move and what’s behind their share activity.
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
ImClone Systems Inc., a biopharmaceutical company, engages in the development and commercialization of a portfolio of targeted treatments for the medical needs of patients with cancer in the United States and Canada. It offers ERBITUX (cetuximab), an antibody for use in combination with irinotecan in the treatment of patients with EGFR-expressing, metastatic colorectal cancer, who are refractory to irinotecan-based chemotherapy; and for use as a single agent in the treatment of patients with EGFR-expressing, metastatic colorectal cancer, who are intolerant to irinotecan-based chemotherapy.
The breakout features strong performance on the biomed front, as well as the ImClone’s technicals. The author writes:
“Biomed stocks have been one of the few sectors performing relatively well against the backdrop of plunging financials, industrials and consumer discretion. According to the Wall Street Journal, Eli Lilly has offered $70 per share for ImClone, and provides strong evidence of the strength of this sector. … The shares of ImClone have been one of the big winners in the market during the third quarter. Technical indicators oftentimes become meaningless after a takeover announcement. The play left is to buy the stock at this level and make an approximately 7% profit, but the risk of substantial declines remain if the deal is not consummated. This stock should only be bought with high-risk capital, not long-term investment capital.”
To read the entire article visit http://www.TwinTrader.com
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TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
ImClone Systems Inc., a biopharmaceutical company, engages in the development and commercialization of a portfolio of targeted treatments for the medical needs of patients with cancer in the United States and Canada. It offers ERBITUX (cetuximab), an antibody for use in combination with irinotecan in the treatment of patients with EGFR-expressing, metastatic colorectal cancer, who are refractory to irinotecan-based chemotherapy; and for use as a single agent in the treatment of patients with EGFR-expressing, metastatic colorectal cancer, who are intolerant to irinotecan-based chemotherapy.
The breakout features strong performance on the biomed front, as well as the ImClone’s technicals. The author writes:
“Biomed stocks have been one of the few sectors performing relatively well against the backdrop of plunging financials, industrials and consumer discretion. According to the Wall Street Journal, Eli Lilly has offered $70 per share for ImClone, and provides strong evidence of the strength of this sector. … The shares of ImClone have been one of the big winners in the market during the third quarter. Technical indicators oftentimes become meaningless after a takeover announcement. The play left is to buy the stock at this level and make an approximately 7% profit, but the risk of substantial declines remain if the deal is not consummated. This stock should only be bought with high-risk capital, not long-term investment capital.”
To read the entire article visit http://www.TwinTrader.com
Join the fastest growing investor community at: http://www.stockhideout.com/
TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
Contact Information:
TwinTrader
Scott Sanchez
Tel: 214-227-7560
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
TwinTrader
Scott Sanchez
Tel: 214-227-7560
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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