Cornelius denied, however, any such plans, and said BMY
has some USD10bn (EUR7.
BMY has not logged a monthly close above 26 since February 2004.
In December, the number of BMY shares sold short increased by 25 percent.
Click the following link to see the monthly chart of BMY since December 2003: http://www.
BMY has moved marginally higher today, but one thing it seems unlikely to leave in the rearview mirror anytime soon is its sideways trend, which has contained the shares since mid-2002.
Click the following link to see January's open-interest configuration and a monthly chart of BMY since August 2001 with 80-month and 160-month moving averages: http://www.
Let's take a look at how the Street feels about BMY by looking at its sentiment rundown:
Should the 16 analysts ranking BMY a "hold" or worse issue upgrades, there is a chance for upside momentum, which could break through the 25 level.
believes that the new data presented at ASCO for all of the late-stage compounds are very encouraging and bodes well for future submissions regulatory authorities.
For 2006, BMY
is reaffirming its guidance of fully diluted EPS from continuing operations of $1.