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Biotech / Medical : Avadel AVDL

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To: Arthur Radley who wrote (219)11/4/2009 1:31:17 PM
From: Arthur Radley   of 240
 
Q report is now on schedule for Friday of this week. The key will be whether they can continue to build their cash position. From the 1Q to the 2Q they increased cash from $39.1 million to $45.0 Million, so with several previously announced deals being booked during the 3rdQ it will be important to see if they can continue to keep cost down and build their cash reserves. Stock has bounced with PFE deal announcement today, but volume is only average........so appears new money coming in will be keyed to Q report.
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