DVAX mention in Monday IBD


Investor's Business Daily

Page A6 of the Monday June 14th 2010 edition.

MEETING HIGHLIGHTS MEDICAL ADVANCES:by Peter Benesh

News out of last week’s Jefferies’ global life sciences conference in NYC. IBD talks to Michael Brinkman, managing director for health care investment at Jefferies & Co.

IBD: Vaccines seem to be hot.

Brinkman: There are two – therapeutic and preventative. In preventative vaccines , one in development is the hepatitis B vaccine from Dynavax DVAX.

I guess the buying last week was from the Jefferies conference. It usually bodes well when your stock trades up after a presentation. Let’s look for volume this week to kick in and break out of this volatile triangle. A clean break of $2.00 on volume would generate quite a momentum run towards $3.00 just based on technical signals IMO.

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