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Red Roadmaster

STOCK TALK


Red Roadmaster


19th June, 2009

Contact Paul A. Ebeling, Jr. redroadmaster@aol.com

Paul A. Ebeling, Jr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highlyregarded financial market letter, read by opinion makers, business leaders and organizations around the world. Ebeling has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/ Support Levels.


The Red Roadmaster Stock Talk for June 9, 2009

June 8, 2009

Alert : Red Roadmaster looks at 1st Constitution Bancorp (FCCY), LDK Solar Co.Ltd. (LDK), and XOMA, Ltd (XOMA) for the 1st time today. + The Street’s Biggest Price Gainers Park Bancorp, Inc. (PFED) and SLM Corp. (SLM).

Week Ending June 8 Stock Market Action Report

US stocks rebounded once again in late session yesterday after being off + 100 pts most of the day to end flat. All three major US stock indexes were off over 1 % before rallying in the last hour as bank shares lead the charge. Savvy market observers noted that the S&P 500's recent assent North of its 200-day moving average is a positive technical indicator giving investors confidence to buy on the dips. The DJIA gained 1.36 pts (0.02%) to close at 8,764.49, the S&P 500 closed - 0.95 pt (0.10%) at 939.14., and the NAS shed 7.02 pts (0.38%) closing at 1,842.40 on the day. The Financials led the rebound, with JP Morgan Chase & Co up 2.4% at US$35.39 giving the DJIA a big lift, The banks are expecting a announcement by the US Fed as to which banks will be allowed to repay TARP money soon. The KBW Bank index .BKX added 1.3%. Volume and Breadth: Trade was light on the NYSE, with about 1.08B/shrs changing hands, well below last year's estimated daily average of 1.49B/shrs, and on NAS, about 1.99B/shrs traded well below last year's daily average of 2.28B/shrs. Decliners outnumbered advancer on the NYSE by 1,890 to 1,106 and on the NAS decliners beat advancers by 1,657 to 1,026.

Featured Stocks to Watch Today


Deidrich Coffee (DDRX), Walt Disney Company (DIS), 1st Constitution Bancorp (FCCY), LDK Solar Co.Ltd. (LDK), JP Morgan Chase (JPM), McDonald’s Corporation (MCD), Park Bancorp, Inc.(PFED), SLM Corp. (SLM), Wells Fargo & Company (WFC), and XOMA, Ltd (XOMA).

Deidrich Coffee (DDRX) Up-date 1 June 9, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at Deidrich Coffee (DDRX), is a wholesaler and retailer of specialty coffee, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Very Bullish, in the near term Very Bullish, mid-term Bullish, and long term Very Bullish.


**Chart by: http://www.stockta.com Latest News: Wall Street Can't Get Enough K-Cups http://finance.yahoo.com/news/Wall-Street-Cant-Get-Enough-indie-15466018.html?.v=1 Monday’s Market Action Close 18.35

+. 48

Volume 135,500/shrs

There are five Gaps open up between Mar 23 and Apr 30, 2009 at .35/8.01, the near term resistance is 19.29, support at 117.87, and the 50 day (EMA) exponential moving average is 10.42. This is Diedrich Coffee Inc (DDRX): is a specialty coffee roaster, wholesaler and retailer. The Company's brands include Diedrich Coffee, Gloria Jean's and Coffee People. The majority of its revenue is generated from wholesale customers located across the United States. Its wholesale operation sells a variety of whole bean and ground coffee, as well as single serve coffee products through a network of office coffee service (OCS) distributors, chain and independent restaurants, coffeehouses, other hospitality operators and specialty retailers. Revenues from 2007 to 2008 increased 26.57%, and 3 year annualized return on investment is 59.1% (annualized), 5 year 32.1%. Competitive Landscape Demand for services is highly correlated with demand from consumers to spend on food prepared outside of the home. Spending is traditionally a function of consumer current discretionary income. The current recession has hit consumer pockets hard by through various measures. As the economy speeds up the long-term prospect of consumers spending a larger portion of their wealth on food prepared outside of the home is good. Eating at a restaurant saves on time and provides convenience to utilize one’s time more effectively. Profitability will also be distinguished by a company’s ability to manage fixed investments more wisely such as warehouses for inventory and distribution centers. Restaurant Sector Performance Year to date, through April 24th, the S&P Food Distributors Index fell 1.7% versus a 3.7% decline fo the S&P 1500 Index. The sub-industry index dropped 26.2% in 2008, versus a 38.2% fall for the S&P 1500. Diedrich Coffee Inc. Chairman and Chief Director: Paul C Heeschen 28 Executive Park Irivine, CA 92614 United States Phone: 949-260-1600 Fax: 949-260-1611 http://www.diedrich.com


The Walt Disney Company (DIS) Up-date 5 June 9, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at The Walt Disney Company (DIS): Mickey’s World, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Bullish, mid-term Very Bullish, and long term Very Bullish.


**Chart: http://www.stockta.com

Latest News: The

World's Most Beloved Fairy Returns in an All-New Magical Adventure

http://finance.yahoo.com/news/The-Worlds-Most-Beloved-Fairy-prnews-15467394.html?.v=1 Monday’s Market Action Close 25.33 + .38 Volume

10,700,600/shrs

There is an Bearish Engulfing Candle on June 5, and on Gap open up on June 1, 2009 at 24.25/24.75, support is 24.59, the near term resistance 25.85, and the 50 day exponential moving average at 22.59. This is The Walt Disney Company (DIS): The King of the Magic Kingdom is a mouse, we all know him as Mickey. The Walt Disney Company is the world's #2 media conglomerate, # 1 is Time Warner (TWX) with assets encompassing movies, music, publishing, television, and theme parks. Disney’s TV holdings include the ABC TV network + 10 broadcast stations, and a portfolio of cable networks including ABC Family, A&E Television Networks (37%-owned), and ESPN (80%). Walt Disney Studios produces films through imprints; Walt Disney Pictures, Touchstone, Pixar, and Miramax. In addition, Walt Disney Parks and Resorts is one of the top theme park operators in the world, we all know them as Walt Disney World and Disneyland Resorts. Disney competitors are primarily in the Film & Video industry, DIS also competes in the Internet Content Providers, Music, and Publishing sectors, the competition is; CBS Corp, News Corp, and Time Warner. The Competitive Landscape In the motion picture production and distribution sector consumer spending drives demand. The profitability of individual companies depends on creativity, marketing, and distribution. Large companies have the advantages of long term contracts with key actors and directors, a permanent staff of technical employees, and wide distribution networks. Small companies compete by creating marketable movies, often for niche audiences, on low budgets. Although production work is labor-intensive, the value of the product results in high average annual industry revenue of US$300,000 per employee. The Walt Disney Company (HQ) Robert A. Iger, President, CEO, and Director 500 S. Buena Vista St. Burbank, CA 91521-9722 United States Phone: 818-560-1000 Fax: 818-560-1930 http://disney.go.com/


1st Constitution Bancorp (FCCY) June 9, 2009 Paul A. Ebeling, Jr. Analyst Today, let’s look at 1st Constitution Bancorp (FCCY), the Constitution States 1st Bank, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Neutral, mid-term Very Bullish and long term Bullish.


**Chart by: http://www.stockta.com Latest News: 1st Constitution Bankcorp Financials http://finance.yahoo.com/q/is?s=fccy Monday’s Market Action Close 8.41

+ 1.49

Volume 6,000/shrs

There is a DOJI on June1, and one Gap open up on June 1, 2009 at 40.68/41.31, the near term resistance is 42.56, support at 41.67, and the 50 day (EMA) exponential moving average is 40.08. This is 1st Constitution Bancorp (FCCY): The Company operates as the bank holding company for 1st Constitution Bank, which provides commercial and retail banking services to individuals, families, small businesses, and not-for-profit organizations principally in Middlesex, Mercer, and Somerset Counties, New Jersey. It accepts interest bearing deposits, such as money market and negotiable order of withdrawal accounts, savings accounts, and certificates of deposits; and non-interest bearing demand deposits. The company offers commercial loans, including term loans, lines of credit, and loans secured by equipment and receivables; secured and unsecured short-to-medium term commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions. It also provides fixed and adjustable rate residential first mortgage loans, construction loans, second mortgage home improvement loans, home equity lines of credit, personal loans, deposit account secured loans, and loans for automobiles, recreation vehicles, and boats. The company offers its services through telephone, automated teller machines, and Internet. As of December 31, 2007, it operated 10 branch offices in downtown Cranbury, Hamilton Square, Hightstown, Jamesburg, Montgomery, Perth Amboy, Plainsboro, West Windsor, Fort Lee, and Princeton, New Jersey. The company was founded in 1989 and is based in Cranbury, New Jersey. Competitive Landscape Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to US$300,000. Banks and Credit Unions Industry Forecast The output of US banks and credit unions is forecast to grow at an annual compounded rate of 1% between 2008 and 2013. Data Sourced: December 2008 1st Constitution Bancorp (HQ) Robert F. Mangano, Chief Exec. Officer, Pres, Director, Chief Exec. Officer of 1st Constitution Bank, Pres of 1st Constitution Bank of 1st Constitution Bank 2650 Route 130 PO Box 634 Cranbury, NJ 08512


United States Phone: 609-655-4500 Fax: 609-655-5653 http://www.firstconstitutionbank.com

JP Morgan Chase & Company (JPM) Up-date 21 June 9, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at JP Morgan Chase (JPM), the # 3 financial services firm in the USA from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Neutral: in the near term Neutral, mid-term Bullish, and long term Neutral


**Chart by: http://www.stockta.com

At Least US$50B in US Bank Rescue Funds Is Expected to Be Recovered With Unexpected Speed

Latest News:

http://online.wsj.com/article/SB124450458046896047.html?ru=yahoo#mod=yahoo_hs Monday’s Market Action Close 35.39

+.84

Volume 61,605,600/shrs

There is a Gap open up on Apr 9 at 27.83/30.02, the near term resistance is 37.30, support at 36.39, and the 50 day (EMA) exponential moving average is 32.36. This is JP Morgan Chase & Company (JPM): JPM is the #3 financial services firm in the USA behind Citi and Bank of America with more than 3,000 bank branches and growing. It is also among the nation's top mortgage lenders, automobile loan writers, and credit card issuers. JPM is also into investment banking and asset management. The company's subsidiaries include JPMorgan Private Bank and


institutional investment manager JPMorgan Asset Management with US$1.6T in assets under management. In 2008 JPMorgan Chase bought Bear Stearns and Washington Mutual. The Competitive Landscape Demand for banking services in the USA is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on their marketing abilities, efficient operations, and good risk management. Large economies of scale exist in some segments of the banking industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital intensive and highly automated: annual revenue per employee is about US$300,000. Banks and Credit Unions Industry Forecast The output of banks and credit unions in the USA is forecast to grow at an annual compounded rate of 5.1% 2008 and 2013.

JP Morgan Chase & Company (HQ) Chairman, President, and CEO James (Jamie) Dimon

270 Park Ave. New York, NY 10017 United States Phone: 212-270-6000 Fax: 212-270-1648 http://www.jpmorganchase.com

JPMorgan Chase Subsidiaries Bear Stearns Merchant Banking Bear, Stearns Securities Corp. Bear Wagner Specialists LLC Chase Co (formally Washington Mutual)

LDK Solar Co.Ltd. (LDK) June 9, 2009 Paul A. Ebeling, Jr. Analyst


Today, let’s look at LDK Solar Co.Ltd. (LDK), the manufacturer and seller of multicrystalline solar wafers, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Neutral, mid-term Bullish and long term Bullish

**Chart by: http://www.stockta.com Latest News: LDK Solar to Present at the Deutsche Bank Alternative Energy Conference http://finance.yahoo.com/news/LDK-Solar-to-Present-at-the-prnews-15442772.html?.v=1 Monday’s Market Action Close 10.83

+ 1.52

Volume 10,566,200/shrs

There is a Bullish Engulfing Candle on June 8, and three Gaps open down between Jan 14 and Feb 17, 2009 at 13.48/1042, the near term resistance is 10.89, support at 10.46, and the 50 day (EMA) exponential moving average is 8.65. This is LDK Solar Co.Ltd. (LDK): The Company, operating through its subsidiaries, the company turns polysilicon into multicrystalline solar wafers, which are used to produce solar cells and solar modules that


convert sunlight into energy. It also provides wafer processing services to solar cell makers and sells polysilicon scrap. LDK uses virgin polysilicon and recycled material in its production process; its capacity is about 420 megawatts (MW) annually. Major customers include Canadian Solar, Chinalight Solar, QCells, Solarfun Power (about 12% of sales), and Solland Solar Energy. The company gets more than twothirds of its sales from Asia/Pacific, primarily China and Taiwan. Industries Where LDK Solar Competes Electronics Semiconductor Equipment & Materials (primary) Electrical Products Power Generation & Storage

LDK Solar Co.Ltd. (HQ) Xiaofeng Peng Founder, Chairman, Chief Exec. Officer Hi-Tech Industrial Park Xinyu City, 338032 China Phone: 86 79 0686 0171

http://www.ldksolar.com

McDonald's Corporation (MCD) Up-date 8 June 9, 2009


Paul A. Ebeling, Jr. Analyst Today let’s look at McDonald’s Corporation (MCD), the world's #1 fast-food company, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Bullish, mid-term Neutral, and long term Bullish.

**Chart by: http://www.stockta.com Latest News: Qwest, McDonald's, DuPont, Palm are big movers http://finance.yahoo.com/news/Qwest-McDonalds-DuPont-Palm-apf-15470652.html?.v=2 Monday’s Market Action Close 58.72

- 1.15

Volume 14,756,300/shrs

There a DOJI on June 8 and one Gap open up May 20, 2009 at 54.46/55.02, the near term resistance is 59.40, support at 57.61, and the 50 day (EMA) exponential moving average is 56.28.


This is McDonald’s Corporation (MCD): "McDonald's is the world's #1 fast-food company by sales, with more than 31,000 restaurants serving burgers and fries in 120 countries, with about 14,000 Golden Arches locations are in the USA. The popular chain is well-known for its Big Macs, Quarter Pounders, and Chicken McNuggets. Most of its outlets are free-standing units, but McDonald's also has many quickservice kiosk units located in airports and retail areas. Each unit gets its food and packaging from approved suppliers and uses standardized procedures to ensure that a Big Mac purchased in Pittsburgh tastes the same as one bought in Beijing, I lived in Beijing for 4 years and it’s true. More than 75% of its restaurants are run by franchisees or affiliates. The Competitive Landscape Demographics and personal income drive demand. The profitability of individual companies depends on efficient operations, effective marketing, and the ability to provide fast service. Large companies have advantages in purchasing, financing, and marketing. Small companies can compete by offering unique products or serving a local market. The industry is highly labor-intensive: average annual revenue per worker is just under US$40,000. McDonald's Corporation (HQ) Chairman; Andrew J. (Andy) McKenna Sr.

2111 McDonalds Dr. Oak Brook, IL 60523 United States Phone: 630-623-3000 Fax: 630-623-5004 Toll Free: 800-244-6227 http://www.mcdonalds.com

McDonald's Subsidiaries McDonald's Restaurants Limited Ronald McDonald House Charities, Inc.

Park Bancorp Inc. (PFED)


June 9, 2009 Paul A. Ebeling, Jr. Analyst Today, let’s look at Park Bancorp, Inc.(PFED), the holding company for Park Federal Savings Bank, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Very Bullish, mid-term Bullish and long term Bullish.

**Chart by: http://www.stockta.com Latest News: SLM, Park Bancorp: Biggest Price Gainers (SLM, PFED) http://online.wsj.com/article/SB124449396444795427.html?ru=yahoo#mod=yahoo_hs Monday’s Market Action Close 9.80 + 3.10

Volume 46,000/shrs


There is a Inverted Hammer on June5, and three Gaps open up between Mar 31, and June 8, 2009 at 3.60/7.23, the near term resistance is 11.00, support at 9.42, and the 50 day (EMA) exponential moving average is 6.37. This is Park Bancorp, Inc.(PFED): the Company operates as the holding company for Park Federal Savings Bank that provides retail banking products and services in Illinois. It primarily engages in generating deposits and originating loans. The company’s deposit products include passbook savings, NOW accounts, money market accounts, and certificates of deposit. Its lending portfolio comprises residential real estate loans comprising one-to-four- family and multi-family residential loans; construction and land, and commercial real estate loans; and consumer and other loans, such as automobile loans, second mortgage loans, loans secured by deposits, and commercial lines of credit secured by real estate. The company, through its other subsidiaries, engages in residential real estate development; and insurance activities. As of December 31, 2007, it operated three branches located in Chicago and Westmont, Illinois. The company was founded in 1921 and is based in Chicago, Illinois. Competitive Landscape Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to US$300,000. Banks and Credit Unions Industry Forecast The output of US banks and credit unions is forecast to grow at an annual compounded rate of 1% between 2008 and 2013. Data Sourced: December 2008 Park Bancorp Inc. (HQ) David A. Remijas Chairman, Chief Exec. Officer and President 5400 South Pulaski Road Chicago, IL 60632 United States Phone: 773-582-8616 Fax: 773-582-8201 http://www.parkfed.com


SLM Corp. (SLM) June 9 2009 Paul A. Ebeling, Jr. Analyst Today, let’s look at SLM Corp. (SLM), “Sallie Mae” the manager some 10 million student loans, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Neutral, mid-term Bullish and long term Bullish.

**Chart by: http://www.stockta.com Latest News: Jim Cramer Call, Contract Expectations Juice Sallie Shares http://blogs.wsj.com/marketbeat/2009/06/08/jim-cramer-call-contract-expectations-juice-sallieshares/#mod=yahoo_hs


Monday’s Market Action Close 7.93 + 1.32

Volume 56,112,400/shrs

There is a Hammer on June 5, and one Gap open up on June 8, 2009 at 6.70/7.23, the near term resistance is 8.56, support at 6.36, and the 50 day (EMA) exponential moving average is 5.98. This is SLM Corp. (SLM): “Sallie Mae” manages some 10 million student loans, is the US's largest source of funding and servicing for education loans. Formerly primarily a wholesale acquirer, SLM now originates more than half its loans. SLM also has debt-management operations for student loans, mortgages, and other receivables. From inception, the company borrowed money at near-government rates to purchase government-guaranteed loans, but in the 1990s Congress took away SLM's funding edge, making privatization attractive. Competitive Landscape Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in using computers to serve large portfolios of mortgage and credit card loans, and also have access to cheaper sources of funds, but small companies can compete effectively in the cash lending or sales finance segments, where personal contact is more important. Consumer Finance Industry Forecast The output of US credit cards and finance companies, which includes consumer finance, is forecast to grow at an annual compounded rate of 1% between 2008 and 2013. Data Sourced: December 2008 SLM Corp. (HQ) Albert L. Lord , Vice Chairman, Chief Exec. Officer 12061 Bluemont Way Reston, VA 20190 United States Phone: 703-810-3000 Fax: 703-810-5074 http://www.salliemae.com


Wells Fargo & Company (WFC) Up-date 23 June 9, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at Wells Fargo & Company (WFC), the Western USA banking Giant, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in the near term Neutral, mid-term Very Bullish, and long term Bullish.

**Chart by: http://www.stockta.com Latest News: Wells Fargo, BofA Pay to Settle Claims Monday’s Market Action Close 25.39

+.67

Volume 65,676,700/shrs


There is a Gap open up on Apr 9, 2009 at 15.17/17.42, the near term resistance is 27.31, support at 25.05, and the 50 day (EMA) exponential moving average is 22.35 This is Wells Fargo & Company (WFC): Wells Fargo & Company, through its subsidiaries, operates as a financial services company in the United States. It operates in three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. Community Banking segment offers deposit products, including checking accounts, savings deposits, market rate accounts, retirement accounts, time deposits, and debit cards; and loan products comprising lines of credit, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards. This segment also provides receivables and inventory financing, equipment leases, real estate financing, small business financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, merchant payment processing, and securities brokerage. Wholesale Banking segment provides a range of commercial, corporate, and real estate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt, international trade facilities, foreign exchange services, treasury management, investment management, institutional fixed income sales, interest rate, commodity and equity risk management, online products, insurance, investment banking, and mortgage brokerage services. Wells Fargo Financial segment comprises consumer finance operations that make direct consumer and real estate loans to individuals and purchase sales finance contracts from retail merchants; and auto finance operations, which purchase sales finance contracts directly from auto dealers and make loans secured by autos. This segment also provides credit cards and lease, and other commercial financing services. As of December 31, 2007, the company operated 5,964 branches and 6,900 ATMs. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California. Competitive Landscape Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to US$300,000. Banks and Credit Unions Industry Forecast The output of US banks and credit unions is forecast to grow at an annual compounded rate of 5.1% between 2008 and 2013. Wells Fargo & Company (HQ) Chairman Richard M. Kovacevich 420 Montgomery Street San Francisco, CA 94104 United States Phone: 866-249-3302 Fax: 651-450-4033 http://www.wellsfargo.com

Wells Fargo Subsidiaries Wachovia Corporation


XOMA Ltd. (XOMA) June 9 2009 Paul A. Ebeling, Jr. Analyst Today, let’s look at XOMA, Ltd (XOMA), developer and marketer of monoclonal antibodies, from a Technical POV. The overall analysis after Monday’s (June 8, 2009) market action is Bullish: in t he near term Neutral, mid-term Bullish and long term Bullish.

**Chart by: http://www.stockta.com Latest News: XOMA Presents Data At ADA Demonstrating Improvement in Diabetes and Inflammatory Measures in Animal Model With XOMA 052 http://finance.yahoo.com/news/XOMA-Presents-Datad-At-ADA-pz-15469334.html?.v=1


Monday’s Market Action Close 1.18 + .12

Volume 28,515,400/shrs

There is a DOJI on June8, and one Gap open up on June 4, 2009 at .85/.86, the near term resistance is NIL, support at 1.05, and the 50 day (EMA) exponential moving average is .72. This is XOMA, Ltd (XOMA): the company pairs with larger drug firms to develop and market its products, primarily monoclonal antibodies. XOMA receives royalties from biotech giant Genentech on FDAapproved product Lucentis, a treatment for age-related macular degeneration that Genentech developed with technology licensed from XOMA. The company's in-house team is developing its lead candidate, diabetes treatment XOMA 052. It has additional collaborative agreements with Novartis (to develop cancer therapies) and the National Institutes of Health (to find treatments for bioterror threat botulinum). Competitive Landscape Demand for biotechnology products and services is driven primarily by the willingness of insurers to pay for new medical treatments. The profitability of individual companies depends on the discovery and effective marketing of new products. Because the market for potential products is so large, small biotechnology companies can co-exist successfully with large ones if they have expertise in a particular line of research. Biotechnology Sector Industry Forecast The output of US scientific research and development, an indicator of biotechnology activity, is forecast to grow at an annual compounded rate of 9 % between 2008 and 2013. Data Sourced: December 2008 XOMA Ltd. (HQ) Steven B. Engle Chairman, Chief Exec. Officer and President 2910 Seventh Street Berkeley, CA 94710 United States Phone: 510-204-7200 Fax: 510-644-2011 http://www.xoma.com

Red Roadmaster Stock Talk 19th June, 2009  
Red Roadmaster Stock Talk 19th June, 2009  

Red Roadmaster talks stock.

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