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$30.98 -0.42 (-1.34%)
7/23/2008 4:00 PM

BioMarin Pharmaceutical, Inc. (BMRN)

CAPS Rating:
****

The Company develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions.

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Avatar synergize (98.71) Submitted: 5/13/08 12:15 AM : Outperform Start Price: $34.72 BMRN Score: 11.66

BMRN has been surging the last couple of weeks. Its recent bottom was last 17-April-2008 at 31.04. Since then it was increasing and making higher highs and higher lows. Last Friday's(9-May-2008) price action was very bullish as shown with an engulfing candlestick. Today 12-May-2008 it closed at 39.39

With high volume and improve money flow, there seems to be enough momentum to carry the stock through resistance around 41.

Ssga Small Cap Fund added the Biomarin Pharmaceutical Inc (BMRN) company to their portfolio, by buying 9,316 shares as shown by filings made public on 2008-05-07.

Related reports or links:

Biomarin Pharmaceutical Inc (BMRN) newly added by Ssga Small Cap Fund
http://www.mffais.com/newsarticles/2008-05-07/2357628-111071...

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