1) INSM could be finding support at it's 200 day MA right now. They are both at .89. Keep an eye on it b/c it will want to fill that gap up to around 2 bucks. Could be a perfect buying opportunity so long as it stays above the 200 day. If it drops below and can't get back above it: stay away.
2) All charts suggest AGEN will drop to 0.75-0.80 cents. If I was buying, I would wait until those prices. At that point, you could make some serious cash b/c there is serious support down there and it should bounce off hard.
Just my 2 cents. I'll be watching both of these stocks.
The article you just posted is dated 7/8/09.......now here is an article dated 7/9/09.
I personally don't place a lot of faith with analyst
motley fool rates this stock a one and has it plunging soon, just read it, wondering how accurate they are.1-Star Stocks Poised to Plunge: Antigenics?
By Brian D. Pacampara
June 8, 2009 | Comments (2)
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, small-cap biotech company Antigenics (Nasdaq: AGEN) has received the dreaded one-star
Now is a great entry point! Even though it was lower a few months back. When good news arrives for Agen you won't be able to buy shares fast enough. most of mine are in the $3 range from a month or so ago...yet I am long and hold out for better times ahead.
That makes two of us then. In over 3 with 10K and now sitting on a 50% loss already....
Am considering buying another 10K to average down but this stock could just as easily go to 0.5 which would be really annoying....
Yeah I just took a bath on I,N.S.M. I can`t afford another bad entry. I seen this in the .50 range couple of months ago just wondering just how low it might go befoe I can jump in. Can`t afford to lose another nickle at this point. THATS MY CONCERN