AVI BioPharma Inc. is Today's Focus Stock on MicroStockProfit.com
July 19 2010 - 6:50AM
MicroStockProfit.com announces an investment report featuring AVI
BioPharma Inc. (Nasdaq:AVII). The report includes financial,
comparative and investment analyses and recent company news that
you need to know to make an educated investment decision.
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The full report is available at:
http://www.microstockprofit.com/lp/AVII
AVII's recent volatility has been greater than normal. This is
evidenced by the increased distance between the upper and lower
Bollinger Bands. These bands measure volatility using standard
deviation and a large width is due to high volatility.
Additionally, AVII is trading above its upper Bollinger Band.
Relative to recent price action, the stock is currently
overextended and due for either a pause or retracement.
AVI BioPharma Inc. (AVII) is a biopharmaceutical company
specializing in the discovery and development of ribonucleic acid
(RNA)-based drugs targeting a range of diseases. The Company has
developed and optimized derivatives of its antisense chemistry
(phosphorodiamidate morpholino oligomers (PMOs)) that can be
designed to target disease mechanisms through mechanisms of action.
The applications of AVII's RNA technology platform include genetic
diseases (Duchenne muscular dystrophy (DMD)), infectious diseases
(Ebola and Marburg viruses), cardiovascular disease (restenosis)
and other early discovery targets. Several of its antiviral
programs, including Ebola, Marburg, Junin and Dengue, have been or
are funded by the U.S. government, and other governmental and
non-governmental funding. On March 20, 2008, the Company acquired
Ercole Biotechnology Inc.
Message Board Search for AVII:
http://www.boardcentral.com/boards/AVII
In the report, the analyst notes:
"Revenues for the first quarter of 2010 were $1.2 million, down
from $3.1 million in the first quarter of 2009, reflecting a
decrease in government research contracts revenues of $1.9 million.
The net loss for the first quarter of 2010 was $0.6 million, or
$0.01 per share, compared with a net loss for the first quarter of
2009 of $0.9 million, or $0.01 per share.
"On July 14, 2010, AVII was awarded a new
contract with the U.S. Department of Defense Chemical and
Biological Defense Program through the U.S. Army Space and Missile
Defense Command for the advanced development of the Company's
hemorrhagic fever virus therapeutic candidates, AVI-6002 and
AVI-6003, for Ebola and Marburg viruses, respectively."
To read the entire report visit:
http://www.microstockprofit.com/lp/AVII
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