Any news from this coy? Up 5% on higher than usual volume on a bad day for the market.
Closed close to its high today which bodes well for tomorrow.
If it can break $0.87 then i think here we come $1.20.
Also it seems that the "Packers" are backing this one, as they have been buying CIR which is MBP's largest shareholder. Packer & Co. started to increase its holding in CIR in August 2002 a day after MBP released info regarding their Obesity drug.
ABN Amro recently placed a buy on the stockand has a 12 month price target of $1.08 on MBP.
What are peoples thoughts on MBP/CIR?
MBP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held