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XOMA Corporation Message Board

  • pharsono pharsono Apr 21, 2003 1:45 PM Flag

    $5 shouldn't be a problem, look ahead..

    ...for target between $5 to $10 range by the beginning of summer, and I am optimistic about it, along the way must expect profit takings, but otherwise, future outlook should be fine.

    Go XOMA !

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    • I love the fact that the resistance over $7 is more than a year old. Because of that fact, arguments that XOMA could hit $10 BEFORE review or approval are more legitamate. I don't think we hit that level until the approval news is leaked to the priveleged few(probably by Xoma) immediately before fda announces it. Market would have to SCREAM higher which isn't likely. But not having traded above $7 for a year at least IMO makes $10 P-O-S-S-I-B-L-E. Maybe I should waited for us to at least break $5 before I made this post. I'm getting a little ahead of the game here.

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