Friday, May 11, 2007

Swing batter, batter, batter

Advanced Magnetics, Inc. (AMAG) had a jump outside of it's flag pattern that it had formed over the last two weeks. AMAG closed the day with a $1.37 gain (2.11%), and is down $0.57 after hours. "Advanced Magnetics, Inc. is a developer of superparamagnetic iron oxide nanoparticles used in pharmaceutical products. The Company is focused on the development and commercialization of its nanoparticle technology for use in therapeutic iron compounds to treat anemia, as well as novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease."

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