Sunday, January 16, 2011

Trade alert: RPTP @ $3.63




















*Chart from www.stockcharts.com

Raptor Pharmaceutical Corp. (Public, NASDAQ:RPTP)

Current pps: $3.63
Link to chart: link
Link to google finance: link
Link to latest headlines: link
Company website: link
 
The stock has shown considerable strength last year and is looking to create new highs again. We have seen a strong uptrend with rising moving averages, and expect to see a break above $4 soon.

Shares outstanding: 30.21 M
Shares authorized: 150 M
Market cap – $103MM (as of Jan/14/2011)
According to the company, they have cash sufficient reserves into Dec/2011. link

Latest Analyst Recommendations: 
1/11 – Roth Capital maintains buy, price target $6.00.
1/7 – Wedbush maintains outperform, price target $7.00. 

*Please do your own research before buying any stock listed here.
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