Tuesday, June 19, 2007

Bristol Meyers (BMY) - Fade the Spike?

There are a couple of developments in the BMY front that are pushing shares higher:

Bristol-Myers Squibb: US FDA Accepts Ixabepilone Application


Bristol-Myers Wins Plavix Ruling

Interesting, though, that Cowen recommended selling into strength, according to an entry on theflyonthewall.com. BMY briefly poked above $32, but is now trading around $31.55.

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