BioTech Hot List, CPXX, ICPT, PRED

BioTech Hot List, CPXX, ICPT, PRED

BioTech Hot List, CPXX, ICPT, PRED

Celator Pharmaceuticals Inc (NASDAQ:CPXX)

Jazz Pharmaceuticals to acquire Celator for $30.25 per share

CELATOR PHARM closed up 0.030 at 17.530. Volume was 61% below average (consolidating) and Bollinger Bands were 21% wider than normal.

Open High Low Close Volume___
17.690 17.690 16.750 17.530 1,146,966

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 16.57 13.98 4.94
Volatility: 79 118 246
Volume: 2,935,081 3,482,174 1,453,138

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

CELATOR PHARM is currently 254.5% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into CPXX.O (mildly bullish). Our trend forecasting oscillators are currently bullish on CPXX.O and have had this outlook for the last 5 periods.

Intercept Pharmaceuticals Inc (NASDAQ:ICPT)

INTERCEPT PHARA closed up 4.040 at 141.770. Volume was 96% below average (consolidating) and Bollinger Bands were 46% narrower than normal.

Open High Low Close Volume___
139.950 141.950 137.855 141.770 26,822

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 136.57 139.55 152.07
Volatility: 36 66 85
Volume: 294,299 590,900 576,061

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

INTERCEPT PHARA is currently 6.8% below its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of ICPT.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on ICPT.O and have had this outlook for the last 15 periods.

Predictive Technology Group Inc (OTCMKTS:PRED)

Predictive Technology Group Inc (OTCMKTS:PRED) a Buy with $300m in Medical Patents

Here is an interesting company, it has recently been merged in to a shell but the Intellectual Property and the caliber of the management sya this one might make it all the way to the NASDAQ and certainly the balance sheet indicates that the company should be trading much higher based on asset value alone.

Management is a strong mix of Industry and Banking professionals with senior executives from UnitedHealth Group, ING, Barclay’s, Walgreens etc. Certainly not management that will be focused on the OTC. This clearly looks like a fast track process to the NASDAQ.

Predictive Technology Group, Inc. (PRED), through its wholly owned subsidiaries, revolutionizes the treatment of severe and debilitating diseases through the commercialization of novel therapeutics leveraged by proprietary gene-based companion diagnostics. The Company develops and acquires proprietary technologies that open windows into the origin of human illness and the role that genes and their related proteins play in diseases’ onsets and progressions. PRED’s subsidiaries use gene-based information as cornerstones in the development of new diagnostics that assess a person’s risk of illness and therapeutic products designed to prevent and treat diseases effectively, www.predictivetechnologygroup.com and www.predrx.com.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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