Monday, May 27, 2013

$PCRX also a very sweet chart!

Although I've highlighted this stock before. I just thought I'd present a bit more in depth analysis as to why its such a great potential buy! Apart from the excellent technical picture it presents on both the weekly and daily time frames as you'll see below; $PCRX has a mere 32.15Mil share float of which a whopping 17.57% is currently being held short! The stock is a newer company having IPOed in early 2011 making it less than 3 years old. Its flagship product Exparel is the catalyst fueling its move higher which is an anaesthetic already approved for certain forms of surgery but also has the potential to be approved for even more!

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