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4/15/2010 3:08:40 PM Eastern Time

Go Long ARRY @ 3.06
By Charles Payne, CEO & Principal Analyst

Long Idea: Array BioPharma Inc. (ARRY) @ $3.06
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Trading Parameters
Entry Price	Entry Limit	Stop Loss	Trading Target	Target	Long-term Target	Options
$3.06	see comments	$2.80	$3.50	$4	N/A	N/A

SKINNY: Go long ARRY @ the market– The stock is breaking through a short term double top on strong volume, and now has room to fill the gap to $3.50 and then $4.00. The stock has beat in three of the past four quarters while estimates for the current and next quarter have improved over the past ninety days. Use $2.80 as a stop loss.