Palatin TechnologiesAnother biotech stock that's moving within range of triggering a major breakout trade is Palatin Technologies (PTN - Get Report), which is engaged in the development of peptide, peptide mimetic and small molecule agonist compounds with a focus on melanocortin and natriuretic peptide receptor systems. This stock has been on fire so far in 2012, with shares up sharply by over 70%.
5 Stocks Poised for Breakouts
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