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BPUR

Started by alchemist, December 24, 2005, 02:17:05 AM

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alchemist

i've been monitoring biopure with 5x normal volume in the past 3 days. closed at $0.70 with 52 week range of 0.64-4.62. booking at 1.52. definitely under accumulation.
recent news:
Biopure Announces Pricing of Equity Offering
Wednesday December 21, 7:00 am ET


CAMBRIDGE, Mass., Dec. 21 /PRNewswire-FirstCall/ -- Biopure Corporation (Nasdaq: BPUR - News) today announced the pricing of an underwritten public offering of common stock and warrants. Subject to closing conditions, the underwriters have agreed to purchase 8,800,000 new shares of Biopure common stock and warrants to acquire an additional 8,800,000 new shares. The price for one share and one warrant is $0.68, and the exercise price of each warrant is $0.85. This transaction is expected to close on or about December 27, 2005, resulting in net proceeds to Biopure of approximately $5.0 million assuming no exercise of the warrants issued in the offering. Biopure has granted the underwriters a 30-day option to purchase an additional 1,320,000 shares and 1,320,000 warrants to cover over-allotments.


Biopure Corporation engages in the development and manufacture of oxygen therapeutics, which are administered intravenously into the circulatory system to increase oxygen transport to the body's tissues. The company's products include Hemopure for human use, which is under clinical trail and Oxyglobin for veterinary use, which it sells in the United States and the European Union for use in the treatment of anemia in dogs. Biopure was founded in 1984 and is based in Cambridge, Massachusetts.

any thoughts? i'm thinking about catching this falling knife  ;D

Livana

BPUR caught my eyes last week because:

1. It is coming out of oversold
2. It looked like it was finishing a double bottom. Unfortunately, I did not bounce back at or around 0.75 as it should have -- Sebfr, could you let us know what you think about this?
3. All stochatics indicator are crossing and rising from 20
4. It has had incredible volume increase in the past 3 days (as alchemist mentioned below)

-----------------------------------------------------------------------------------------------

Biopure Corp.
11 Hurley Street
Cambridge, MA 02141
Phone: 617-234-6500
Fax: 617-234-6505
Web Site: http://www.biopure.com

DETAILS   
Index Membership:   N/A
Sector:   Healthcare
Industry:   Biotechnology
Full Time Employees:   NaN

BUSINESS SUMMARY   
Biopure Corporation engages in the development and manufacture of oxygen therapeutics, which are administered intravenously into the circulatory system to increase oxygen transport to the body's tissues. The company's products include Hemopure for human use, which is under clinical trail and Oxyglobin for veterinary use, which it sells in the United States and the European Union for use in the treatment of anemia in dogs. Biopure was founded in 1984 and is based in Cambridge, Massachusetts.

alchemist

#2
great movement in bpur today. up 13%, close at 0.78, no news. over 5x normal volume for the day. i'm in at 0.70.


maris

these synthetic blood substitute comapnies have been dogs for years. SYBD BPUR are losers. The only one that seems to have a chance is NFLD

setravis

Something is cooking....Volume don't lie !.... ;D
Volume: 1,583,112....... :D
Avg Volume (3m): 256,527

Support @ 0.75...0.66
Resistance @ 0.87...1.03...1.12

MACD is Bullish... ;D
Stochastic is Bullish.... ;D

Recent CandleStick Analysis.... ;D
Very Bullish
Dec-30-2005 Bullish Engulfing 
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Press Release Source: Biopure Corporation


Biopure Announces Closing of $5.8 Million Financing
Wednesday December 28, 12:07 pm ET


CAMBRIDGE, Mass., Dec. 28 /PRNewswire-FirstCall/ -- Biopure Corporation (Nasdaq: BPUR - News) announced today the closing of a previously announced financing that raised net proceeds to Biopure of approximately $5.8 million. Biopure sold to institutional and individual investors 10,120,000 new shares of its common stock and warrants to acquire an additional 10,120,000 new shares. The price for one share and one warrant was $0.68, and the exercise price of each warrant is $0.85. This transaction included all of the shares and warrants granted to the underwriters to cover over-allotments. Dawson James Securities, Inc. and Noble International Investments, Inc. acted as the managing underwriters for the public offering.


Biopure Corporation develops, manufactures and markets pharmaceuticals, called oxygen therapeutics, that are intravenously administered to deliver oxygen to the body's tissues. The company is developing Hemopure® [hemoglobin glutamer -- 250 (bovine)], or HBOC-201, for a potential indication in cardiovascular ischemia and, in collaboration with the U.S. Naval Medical Research Center, for a potential out-of-hospital trauma indication. The product is approved in South Africa for treating surgery patients who are acutely anemic and for eliminating, delaying or reducing allogeneic red blood cell transfusions in these patients. Hemopure has not been approved for sale in other jurisdictions, including the United States or the European Union. Biopure's veterinary product Oxyglobin® [hemoglobin glutamer -- 200 (bovine)], or HBOC-301, the only oxygen therapeutic approved by the U.S. Food and Drug Administration and the European Commission, is indicated for the treatment of anemia in dogs.


     Contact:
     Douglas Sayles              Herb Lanzet (Investors)
     Biopure Corporation         H.L. Lanzet Inc.
     (617) 234-6826              (212) 888-4570
     [email protected]              [email protected]
--------------------------------------------------------------------------------
Source: Biopure Corporation
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

alchemist

this stock is still alive and kicking. up 40 percent since i mentioned it a little over a week ago. now at $0.96. sorry i still don't know how to post charts. market is rolling this year. best to you all!

Terliso

I think BPUR is getting ready to run.... needs to break that neckline & if it does... I'll take position ;) goodluck!!

Terliso

Quote from: Terlisa on February 13, 2006, 03:22:33 AM
I think BPUR is getting ready to run.... needs to break that neckline & if it does... I'll take position ;) goodluck!!

I got IN @ 0.95, looks like BPUR will be my good trade this week.. ;)

Terliso

#9
Today BPUR was up 17.78% ;) :D ;D


Press Release Jan. 30, 2006

Biopure Begins Selling Hemopure(R) in South Africa
Monday January 30, 7:00 am ET


CAMBRIDGE, Mass., Jan. 30 /PRNewswire-FirstCall/ -- Biopure Corporation (Nasdaq: BPUR - News) announced today that it has made the first sale of its room-temperature-stable oxygen therapeutic Hemopure® (hemoglobin glutamer -- 250 (bovine)) in South Africa. The product is approved in South Africa for the treatment of adult surgical patients who are acutely anemic and for the purpose of eliminating, delaying or reducing the need for allogenic red blood cell transfusions in these patients.*



"This first ever commercial sale of a hemoglobin-based oxygen therapeutic for human use is a milestone in the field of oxygen therapeutics and represents decades of research and development by the company," said Biopure Chairman and CEO Zafiris G. Zafirelis. "It is also an important step in understanding how doctors perceive and use the product outside of clinical trials."

Biopure's initial sales targets are medical providers that have used or been trained to use Hemopure as part of a post-approval medical education program. In April 2001, South Africa's Medicines Control Council granted marketing clearance for the product; however, issues between Biopure and the original product registration holder and distributor delayed marketing and sales activities. In 2005, Biopure acquired control of the product registration, selected a warehousing and shipping agent and appointed a sales agent. In early January 2006, Biopure announced that it had complied with new import regulations and shipped product to South Africa to support the initiation of sales and marketing activities

fous

This one just popped up on my filter tonight. Might consider filling a position tomorrow morning.

Good luck Terlisa >:D

-fous
trade it like you mean it!

alchemist

great climb today. i'm still long on this at 0.70 since my initial post. solid climb upwards with good support. was thinking about locking in the profits on this one, but i think this has more room to climb. sold caas today for a nice gain  ;D makes up for my losses in intc. happy trading to all!


setravis

Here is the thread on this pick started by Alchemist on December 24, 2005, 02:17:05 AM
Traders need to use the search to check and see if a thread already exist before starting a new one.Many threads on the same stock pick just clutters up this site.  ???

Nice pick Alchemist......Applaud
Nice breakout and follow through fro the Ascending Triangle (continuation) Pattern.
MACD is Bullish
Stochastic is Bullish
Support @ $1.19...1.11...1.07
Resistance @ $1.27
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Here is a thread going on this pick,you might want to read the thread,if you were thinking about trading this stock. My thoughts ,I think it is a buy. JMHO of course.
Thread located here....link
http://www.3stocksonfire.org/trading/index.php?topic=4117.0
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis