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6 pts

Opinion on  Cardium Therapeutics Inc (CXM)     Sector: Healthcare  >  Industry: Biotechnology & Drugs
This baby is sure to TANK

Oct 14, 2009 02:09 PM GMT
Ironman
Return Risk
+53.87% LOW
Sr. Analyst

If you do anything this season...Stay away from CXM. In biotech almost all news is good news, because most of us barely understand it. These small surges come at the anticipation of news and are good for a buy leading up to the actual release, but never hold them beyond. If you plan on buying this "HOT POTATO" drop it fast. May be good for a short, but my recommendation is stay away if you can...Good Luck.


CXM:  This call was made on 10/14/09 @ $1.68
Rating:   Negative   $1.68 (10/14/09)
Closed:   10/16/2009 @ $1.1702 (+30.35% in 2 days)


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