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Human Genome (HGSI) volatility low at 73 after announcing positive data

November 3, 2009 8:49 AM EST
HGSI Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

Revenue Growth %: +77.1%
Human Genome (Nasdaq: HGSI) is recently down $1 to $24.28 in pre-open trading. HGSI rallied on November 2 after announcing its Benlysta met the goal of a second late-stage study treating lupus. ThinkEquity has a Buy rating on HGSI. HGSI November option implied volatility is at 73, below a level of 240 from last week according to Track Data, suggesting decreasing movement. Paul Foster

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