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JimVanMeerten (62.30)

Raptor soars

Recs

2

June 16, 2011 – Comments (1) | RELATED TICKERS: RPTP

Barchart technical indicators:

1 - 88% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 12 new highs and up 62.24% in the last month

5 - Relative Strength Index 74.10%

6 - Trades around 6.52 with a 50 day moving average of 4.31

Summary:  Raptor Pharmaceuticals (RPTP) is a niche player and hopes that the under served illnesses will allow them to avoid competition.  I'm not sure if this strategy will work long range but right now analysts predict they will make money and investors are watching this holding rise.

Jim Van Meerten is a Marketocracy Master

1 Comments – Post Your Own

#1) On June 16, 2011 at 5:58 PM, NoDoughBro (70.61) wrote:

Lovely news. Plan to sit on this one for awhile. Bought some shares for my kids earlier this month.

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