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FREE Daily Stock Alerts From DrStockPick.com

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DrStockPick.com Watch List!

My Picks for Thursday Dec. 10, 2009 are:

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NBIX, Neurocrine Biosciences Inc.

NBIX is a biopharmaceutical company focused on neurological and endocrine diseases and disorders.

NBIX’s product candidates address some of the largest pharmaceutical markets in the world including endometriosis, anxiety, depression, pain, diabetes, benign prostatic hyperplasia (BPH), irritable bowel syndrome (IBS) and other neurological and endocrine related diseases and disorders.

NBIX reported top-line efficacy and safety results from the Tulip PETAL Study (703 Study), NBIX’s fifth Phase 2 clinical trial using its proprietary, orally-active nonpeptide Gonadotropin-Releasing Hormone (GnRH) receptor antagonist, elagolix, in patients with endometriosis.

The preliminary data confirm that elagolix and leuprorelin are associated with reductions in Dysmenorrhea and Non-Menstrual Pelvic Pain daily scores when compared to placebo.

Women recognize significant improvement in endometriosis symptoms across multiple time points using elagolix, coupled with an excellent safety profile.

So Keep a close eye on NBIX tomorrow. With this kind of announcement, it could be rally time!

More about NBIX at www.neurocrine.com

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ELRA, Elray Resources, Inc., ELRA.OB

ELRA is a junior exploration and development Corporation which has successfully accumulated a portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and South America. ELRA’s, primary objectives are to source projects, conduct geological assessments and seek Joint Venture partners to develop the properties.

ELRA is in the business of base metal and energy exploration and development and currently owns a 100% interest in three mining claims located in Cambodia and a 50% interest in a heavy mineral prospect on Kalimantan, Indonesia.

Gold prices continue to increase and Michael Hewson, an analyst at CMC Markets, said there was ‘no reason’ why the gold price could not reach $1,500 by the middle of next year.

Furthermore, ELRA has entered into a Letter of Intent to secure a prime exploration property, known as Picacho, in Ecuador’s prolific and legendary El Oro Province (Which it Has Produced Over 4.5 Million Ounces of Gold Historically, according to official records), located in the south eastern region of the country.

Active projects in the area include Dynasty’s Zaruma, Dynasty and Jerusalem projects which between the three projects have over 2 million measured and indicated ounces of gold with over 3 million ounces inferred.

ELRA’s 1 month chart speaks for itself!!!!

Just take a look at it:

More about ELRA at www.elraymining.com

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Add NBIX and ELRA to your Watch List!, do your homework, and like always BE READY for the ACTION!

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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com

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